The halt will remain in place until the start of normal trading on Wednesday, May 27, or when an announcement is released to the market, whichever occurs earliest.
Shares last traded at 2.9 cents after reaching a new 12-month high of 6 cents earlier this week.
Gas field pre-FEED agreement
The binding agreement with APA, which has a market cap of approximately $13.262 billion, is for the provision of midstream infrastructure and services related to gas that will potentially be produced from the field
Judith is within the 100% Emperor Energy-owned VIC/P47 Permit in the offshore Gippsland Basin and is near existing gas production facilities operated by APA.