Emperor Energy Limited (ASX:EMP)

ALERT: Price-sensitive ASX Announcement for EMP

Current share price for EMP : $0.087 0.01 (12.99%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

31 Oct 2025 10:20AM

Price at Release

$0.077

Full Release

Summary

Emperor Energy Limited reported key highlights in its September 2025 Quarterly Activities Report. The company achieved a resource upgrade for the Judith Gas Field, with independent verification of contingent and prospective gas resources. Emperor Energy completed a successful $3.7 million placement to advance the Judith-2 well, marking a significant step in their strategic plans. The commencement of the farm-in process for the Judith-2 appraisal well aims to secure necessary funding for drilling scheduled in the second half of 2026. The company appointed Steven Marshall as Chief Operating Officer to bolster its management team. The Appendix 5B Cash Flow Report detailed financial activities, highlighting a net cash flow from financing activities of $3,473,000 and an end-of-period cash balance of $5,117,000.

Key Points

Resource upgrade for Judith Gas Field confirmed by GaffneyCline.
Successful $3.7 million placement to fund Judith-2 well.
Commencement of farm-in process for Judith-2 funding.
Appointment of Steven Marshall as Chief Operating Officer.
Net cash inflow from financing activities of $3,473,000.
Cash balance at the end of the period was $5,117,000.

IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.