Approval of Judith2 Appraisal Well Drilling Environment Plan

• Emperor Energy's Judith-2 Appraisal Well Drilling Environment Plan approved by NOPSEMA
• Approval aligns with securing the VALARIS 107 drilling rig for April 2027
• The well aims to appraise 166 Bcf 2C Contingent recoverable gas resource

Emperor Energy (ASX:EMP) has announced that its Environmental Plan for drilling the Judith-2 Appraisal Well has been approved by the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA). This approval marks a major milestone and provides the key requirement for drilling the Judith-2 Appraisal Well. The approval timing aligns with Emperor's previous guidance and the recent execution of a term sheet agreement to secure the VALARIS 107 jack-up drilling rig, targeted for April 2027. The Judith-2 Appraisal Well will appraise the 166 Bcf 2C Contingent recoverable gas resource discovered by Shell in 1989 within the Judith Structure and explore the 142 Bcf of P50 Prospective recoverable gas resource in the deeper Longtom gas sands that underlie the contingent resource.