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Emperor's $17.5m raise supports moving on with Judith-2 appraisal

Firm moves to secure Valaris 107 drilling rig for next Feb

Staff writer
Emperor is planning to contract the Valaris 107 jack-up rig currently operating nearby in the Gippsland Basin.

Emperor is planning to contract the Valaris 107 jack-up rig currently operating nearby in the Gippsland Basin. | Credits: Owen Foley

Emperor Energy says a successful raise of $17.5m will help it push on advance the Judith-2 appraisal well with efforts to secure the Valaris 107 jack-up drill rig for next February. The capital raise,...

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