FinTechFunding

Emperor Energy: Receives 30 month extension to explore Gippsland Basin

  • Oil explorer Emperor Energy (EMP) has given an extension to its exploration permit, Vic/P47, in Melbourne
  • Then the approval came from the National Offshore Petroleum Titles Regulator (NOPTA) for the Vic/P47 exploration permit
  • Emperor will now have 30 months to further develop its project, and the extra time will allow the company to progress the wel
  • The exploration permit located in offshore Gippsland Basin, located 200 kilometers east of Melbourne
  • Notably, the Judith prospect estimated to contain 1.8 trillion cubic feet of gas
  • On the market this afternoon, Emperor is down 7.69 percent and is trading at 2.4 cents per share
Previous article
ING Ventures: Invests in data privacy company
Next article
Sandfire Resources: Appoints two Non-Executive Directors
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

Firenze Raises $6M to Strengthen Lombard Lending for Mass Affluent

Funding aims to enhance lending solutions for wealth management.Highlights: Firenze has raised $6 million in funding.The investment will...
FinTech

Fundtech Strengthens Leadership at Payments Infrastructure Provider Otoma

Fundtech appoints a new management team to enhance Otoma's operations.Highlights: Fundtech has appointed a new management team at...
FinTech

Ripple Strengthens Post-Quantum Readiness for XRP Ledger by 2028

Focus on enhancing security measures against future quantum computing threats.Highlights: Ripple plans to prepare the XRP Ledger for...
FinTech

New York Suits Coinbase and Gemini Over Prediction Markets

The state targets two major crypto exchanges regarding regulatory compliance.Highlights: New York has filed lawsuits against Coinbase and...