Emperor's Greater Judith estimated at 844Bcf

EMPEROR Energy has released an independent resource statement from RISC for its Vic/P47, offshore Victoria’s Gippsland Basin, with 2C contingent resources estimated at 122 billion cubic feet of gas for the Judith discovery and a P50 unrisked prospective resource of up to 844Bcf for the Greater Judith area.

Emperor's Greater Judith estimated at 844Bcf Emperor's Greater Judith estimated at 844Bcf Emperor's Greater Judith estimated at 844Bcf Emperor's Greater Judith estimated at 844Bcf Emperor's Greater Judith estimated at 844Bcf

RISC analysis updates on previous increase for undeveloped Gippsland Basin field

RISC gave a best estimate of 2C resources of gas-in-place of 229Bcf with 122Bcf of sales gas and a 2C best estimate of condensate of 1.2 million barrels.