• Environmental Plan (EP) submitted to NOPSEMA to secure approval to drill the Judith-2 Appraisal Well
• EP prepared with key technical advisers including AGR, Xodus, Schlumberger, RPS, Jasco and Blue Sands
• Required stakeholder consultation process completed for EP submission

Emperor Energy Limited (ASX:EMP) has submitted an Environmental Plan (EP) to the National Offshore Petroleum Safety Environmental Management Authority (NOPSEMA) to secure approval to drill the Judith-2 Appraisal Well in Petroleum Exploration Permit Vic/P47 in the offshore Gippsland Basin. The Judith-2 well is located in an infrastructure-rich area of the Gippsland Basin between the Exxon/Woodside/Mitsui Joint Venture owned Kipper and Tuna Fields, where the joint venture partners have recently committed to spending US$200m on field development and platform upgrades. The EP submission marks a significant milestone in the project's development and reflects Emperor Energy's commitment to responsible and sustainable offshore operations. The EP details the proposed drilling activities, potential environmental impacts, and control measures designed to mitigate potential impacts. It has been prepared in conjunction with Emperor Energy's key technical advisers including drilling manager AGR and principal environmental advisors Xodus, along with Schlumberger, RPS, Jasco and Blue Sands. The required stakeholder consultation process has also been conducted. Emperor Energy is targeting drilling Judith-2 from mid-2026 and has received an initial proposal for engagement of a Jack-Up drilling rig currently operating in the region. The company, in conjunction with financial adviser Argonaut and other key technical advisors, has continued to progress the preparation of an information memorandum to bring together an investment consortium to drill the Judith-2 well and develop the Judith Gas Field, amid a tightening east coast gas market.

Emperor Energy is targeting drilling the Judith-2 Appraisal Well from mid-2026 and has received an initial proposal for engagement of a Jack-Up drilling rig currently operating in the region. The company is also progressing the preparation of an information memorandum to bring together an investment consortium to drill the Judith-2 well and develop the Judith Gas Field.