Emperor Energy Ltd (AU:EMP) has released an update.
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Emperor Energy Ltd has secured $1.25 million from institutional investors, including Nero Resources Fund and Regal Funds Management, to advance their Judith Gas Field Project. The company has appointed Argonaut as a strategic financial advisor to facilitate drilling and further development, potentially unlocking significant gas reserves. This move positions Emperor Energy to capitalize on high gas prices and strong demand in South-Eastern Australia.
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