Company
ASX:EMP
Emperor Energy Ltd (ASX:EMP) is a diversified energy company with upstream and downstream assets in Australia. The company’s flagship 100% owned Judith Gas Field is within the VIC/P47 Permit in the offshore Gippsland Basin, Victoria and is next to the BHP/ExxonMobil Kipper field. The completion of pre-front end engineering design (pre-FEED) for the provision of midstream infrastructure and services related to gas to be produced from Judith Gas Field has provided a clear understanding of the project design, management, time frame and costs involved in bringing the gas from Judith into the lucrative East Coast gas market.
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The new findings provide Eclipse Metals with a raft of targets for field checking and sampling, to be conducted during the summer exploration program, which is underway at the company’s Ivittuut project.
“We took the drillers on-site and discussed the mobilisation of appropriate equipment, with the drilling team potentially able to mobilise in July 2022. We were also able to locate several historical drill collars which will assist in plann
The Grønnedal-Ika complex is recognised by the Geological Survey of Denmark and Greenland (GEUS) as one of Greenland’s prime REE targets.
The high-quality CGG 3D seismic volume has allowed for detailed mapping and AVO/Attribute analysis of the Kipper and Golden Beach Sandstones overlying the Judith and Longtom reservoir units
“Identification of scarce heavy REEs, rare critical metals and high purity quartz has cemented our conclusion of the uniqueness of the polymetallic nature of the Ivittuut pit precinct," executive chairman Carl Popal said.
"Supported by the geopolitical disaster in Europe that has offshore investors hunting in packs for our Materials and Energy stocks, there is a sense of inevitability that the ASX200 will soon make fresh all-time highs," senior market analys
“The revised divestment terms of Eclipse’s non-core uranium assets are more pragmatic in delivering a simplified and balanced approach to progress evaluation of the uranium portfolio,” says chairman.
“Our grab sampling program has once again verified the potential of both Ivigtût and Grønnedal-Ika to host REE mineralisation as well as precious, base and industrial metals, which is very encouraging, especially as the demand for REEs, in
“The recognition of highly anomalous lithium is an exciting step in our work and provides us with a greater understanding of the complex, multi-commodity mineralisation at Ivigtût," says chair Carl Popal.
“When final results are received and analysed, a targeted exploration program will be designed in time to take advantage of the northern summer season to further advance evaluation of our projects in Greenland," chairman Carl Popal said.
Emperor’s proposed Judith-2 appraisal well will test the new Kipper and Golden Beach sand play when it’s drilled in 2023.
The project’s objective is to establish a sales gas capacity of 80 terrajoules per day equivalent to 28 petajoules per year over a minimum production period of 15 years with the value of gas and condensate sales exceeding $A300 million per
“The PhD collaboration will provide us not only with advanced research to deliver a clearer understanding of the geology at Ivittuut but also address one of the biggest challenges facing global energy sustainability in decarbonised economie
Emperor's AVO analysis and Gas in Place calculations have given the company confidence the newly discovered gas play at the Vic/P47 Permit and Judith Gas Field can add materially to the gas resource of the project.
Funds will be used to further exploration activities in its upstream and downstream assets in Australia.
The newly acquired finance from the successful placement will be used to further exploration activities for the company's gas assets.
The AVO DHI’s extend across the Judith structure, indicating multiple, stacked gas sands.
The company has received the fully processed version of high-resolution 3D seismic data from the multi-client 3D seismic survey completed in 2020, providing a significant improvement from the preliminary ‘fast-track’ seismic data previously
“[Dr Kreuzer’s] depth of experience in geology and new discoveries will provide Eclipse with new insights and further diversify the board’s skills and experience," says chair.
The company’s project objective is to establish a sales gas capacity of 80 terajoules per day equivalent to 28 petajoules per year over a minimum production period of 15 years.
