I think the Dory field commanded 20 mill plus royalties but it was a high risk deep water operation with engineering and transport challengeswhich come up dry, I would of been happy with Emperor getting that much but now there's less fields around and a few failures I would like Emp to land a good JV deal, the Judith field is in shallow water so costs are lower and gas is becoming more upbeat
EMP Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
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