Emperor Energy Ltd (AU:EMP) has released an update.
Emperor Energy Ltd has bolstered confidence in the Judith-1 well’s potential after incorporating additional data from a nearby well, showing improved permeability estimates and confirming the presence of mobile gas. The updated analysis suggests that the well could produce 80 million standard cubic feet per day for six years. This positive outlook follows ongoing discussions with interested companies and a previous study proposing a pipeline connected to a gas processing plant.
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