Certainly, and you don't want a whole state reliant on gas at just the bare minimum supply. EMP would be able to supply about 8% of Victoria's gas needs and potentially more depending on drill results and other areas of gas interest. 500,000+ homes is a significant supply amount and worth it for companies like AGL to potentially secure their gas contracts for their customers. Sure the infrastructure cost is around the $500m mark but the gas would be owned by EMP and any potential future partners unlike a gas terminal which has to rely on contracts and if potentially competing in a free market then a company like Santos might well undercut the Port Kembla gas terminal.
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EMP
emperor energy limited
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3.2¢

Gas Shortage coming to Victoria 2023-2024, page-5
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Last
3.2¢ |
Change
0.001(3.23%) |
Mkt cap ! $26.57M |
Open | High | Low | Value | Volume |
3.1¢ | 3.2¢ | 3.0¢ | $72.84K | 2.300M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 352990 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.030 |
1 | 500000 | 0.029 |
2 | 317000 | 0.028 |
1 | 127000 | 0.027 |
1 | 90442 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 352990 | 1 |
0.033 | 330668 | 2 |
0.034 | 200000 | 1 |
0.035 | 200000 | 1 |
0.039 | 87262 | 1 |
Last trade - 11.54am 29/07/2025 (20 minute delay) ? |
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EMP (ASX) Chart |