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Emperor Energy raises $1 million in strong show of support for Judith Gas Field offshore Victoria

Emperor Energy raises $1 million in strong show of support for Judith Gas Field offshore Victoria

Emperor Energy Ltd’s (ASX:EMP) Carl Dumbrell speaks to Proactive's Andrew Scott following the news they've raised $1 million in an oversubscribed private placement for new shares. Recent analysis of 3D seismic data of its wholly-owned Judith Gas Field offshore Victoria, acquired from global seismic company CGG in mid-2020, has significantly increased data quality and resolution. The increased quality has allowed Emperor’s geologists and geophysicists to build an updated and more accurate structural interpretation of the Judith Gas Field.