# EMP: Approval of Judith2 Appraisal Well Drilling Environment Plan

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03145966

Publisher: asx

Original announcement: 2026-09-29T23:52:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-30T00:19:54.016Z

Atlas analysis updated: 2026-09-30T00:19:54.016Z

- Company: Emperor Energy

- Ticker: EMP

- Exchange: ASX

- Region: Victoria, Australia

- Primary commodity: Natural gas

- Secondary commodities: None reported

- Document categories: Resource update, Permitting

- Extracted: 2026-09-30 00:19:54 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Emperor Energy has received approval from NOPSEMA for its Judith-2 Appraisal Well Drilling Environment Plan, a major milestone for the offshore Gippsland Basin project in Victoria, Australia. This approval aligns with the recent securing of the VALARIS 107 drilling rig, with drilling targeted for April 2027. The well aims to appraise a 166 Bcf 2C Contingent gas resource and explore a 142 Bcf P50 Prospective gas resource in the deeper Longtom sands.

Reasoning: Emperor Energy has achieved a major milestone with the NOPSEMA approval of its Judith-2 Appraisal Well Drilling Environment Plan, which is critical for advancing the project. This approval, coupled with the secured drilling rig, significantly de-risks the upcoming drilling campaign for substantial gas resources.

- Positive factor: Key drilling permit approved by NOPSEMA

- Positive factor: Approval aligns with securing drilling rig for April 2027

- Positive factor: Progress towards appraising and exploring significant gas resources

- Negative factor: Resource estimates are historical and not new information in this release

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 40

## Classification and evidence

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The resource information is based on data prepared and managed by Mr Keven Asquith, who is a qualified Petroleum Reserves and Resources Evaluator and has consented to the release.

Evidence · text

> The Resources information in this ASX release is based on, and fairly represents, data and supporting documentation prepared and supplied to Gaffney Cline by 3D-GEO Pty Ltd. The preparation of this data and supporting documentation has been managed by Mr Keven Asquith who is Chairman and Director of 3D-GEO Pty Ltd. ... Mr Asquith is a qualified Petroleum Reserves and Resources Evaluator as defined by ASX listing rules. The Resources information in this ASX announcement was issued with the prior written consent of Mr Asquith in the form and context in which it appears.

**Historical Estimate Only**

Polarity: negative

Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The resource estimates are dated June 20, 2025, making them historical relative to the September 30, 2026 announcement date.

Evidence · text

> Gaffney Cline, as of 20 June 2025

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The effective date of the resource estimates is June 20, 2025, which is over a year old compared to the announcement date of September 30, 2026.

Evidence · text

> Gaffney Cline, as of 20 June 2025

## Extracted facts

Stored fact records: 39. Some facts used in scoring do not have a stored record.

## Resource Estimates (39)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-1)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:a8656e1593a209367d19
- Deposit or zone: Emperor Sand 1
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 7.8
- Contained Unit: bscf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical 1C Contingent Resource estimate for Emperor Sand 1, representing a low confidence level within the resource classification.

- Negative factor: Estimate is historical

- Negative factor: Low confidence category \(1C Contingent Resource\)

Evidence · table

> 7.8

Context: Emperor Sand 1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-2)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:215c4968b10916f1ea6c
- Deposit or zone: Emperor Sand 1
- Resource basis: gross

#### Resource Data

- Category: indicated
- Contained Metal: 23.4
- Contained Unit: bscf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical 2C Contingent Resource estimate for Emperor Sand 1, representing a best estimate confidence level within the resource classification.

- Negative factor: Estimate is historical

Evidence · table

> 23.4

Context: Emperor Sand 1

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-3)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:a8656e1593a209367d19
- Deposit or zone: Emperor Sand 1
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 41.6
- Contained Unit: bscf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical 3C Contingent Resource estimate for Emperor Sand 1, representing a high uncertainty level within the resource classification.

- Negative factor: Estimate is historical

- Negative factor: High uncertainty category \(3C Contingent Resource\)

Evidence · table

> 41.6

Context: Emperor Sand 1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-4)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:faba469606bb31257748
- Deposit or zone: Emperor Sand 2
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 12.6
- Contained Unit: bscf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical 1C Contingent Resource estimate for Emperor Sand 2, representing a low confidence level within the resource classification.

- Negative factor: Estimate is historical

- Negative factor: Low confidence category \(1C Contingent Resource\)

Evidence · table

> 12.6

Context: Emperor Sand 2

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-5)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:acf67f13f3f539859e12
- Deposit or zone: Emperor Sand 2
- Resource basis: gross

#### Resource Data

- Category: indicated
- Contained Metal: 41.8
- Contained Unit: bscf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical 2C Contingent Resource estimate for Emperor Sand 2, representing a best estimate confidence level within the resource classification.

- Negative factor: Estimate is historical

Evidence · table

> 41.8

Context: Emperor Sand 2

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-6)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:faba469606bb31257748
- Deposit or zone: Emperor Sand 2
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 66.4
- Contained Unit: bscf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical 3C Contingent Resource estimate for Emperor Sand 2, representing a high uncertainty level within the resource classification.

- Negative factor: Estimate is historical

- Negative factor: High uncertainty category \(3C Contingent Resource\)

Evidence · table

> 66.4

Context: Emperor Sand 2

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-7)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:4562d3bf38eea8318609
- Deposit or zone: Emperor Sand 3
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 23.7
- Contained Unit: bscf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical 1C Contingent Resource estimate for Emperor Sand 3, representing a low confidence level within the resource classification.

- Negative factor: Estimate is historical

- Negative factor: Low confidence category \(1C Contingent Resource\)

Evidence · table

> 23.7

Context: Emperor Sand 3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-8)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:292d83a83ff6472825bc
- Deposit or zone: Emperor Sand 3
- Resource basis: gross

#### Resource Data

- Category: indicated
- Contained Metal: 85.2
- Contained Unit: bscf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical 2C Contingent Resource estimate for Emperor Sand 3, representing a best estimate confidence level within the resource classification.

- Negative factor: Estimate is historical

Evidence · table

> 85.2

Context: Emperor Sand 3

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-9)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:4562d3bf38eea8318609
- Deposit or zone: Emperor Sand 3
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 117
- Contained Unit: bscf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical 3C Contingent Resource estimate for Emperor Sand 3, representing a high uncertainty level within the resource classification.

- Negative factor: Estimate is historical

- Negative factor: High uncertainty category \(3C Contingent Resource\)

Evidence · table

> 117

Context: Emperor Sand 3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-10)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:0c8472265ae9485d5c37
- Deposit or zone: Emperor Sand 4
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 5.6
- Contained Unit: bscf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical 1C Contingent Resource estimate for Emperor Sand 4, representing a low confidence level within the resource classification.

- Negative factor: Estimate is historical

- Negative factor: Low confidence category \(1C Contingent Resource\)

Evidence · table

> 5.6

Context: Emperor Sand 4

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-11)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:3424ab5da4b14f1926c1
- Deposit or zone: Emperor Sand 4
- Resource basis: gross

#### Resource Data

- Category: indicated
- Contained Metal: 15.4
- Contained Unit: bscf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical 2C Contingent Resource estimate for Emperor Sand 4, representing a best estimate confidence level within the resource classification.

- Negative factor: Estimate is historical

Evidence · table

> 15.4

Context: Emperor Sand 4

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-12)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:0c8472265ae9485d5c37
- Deposit or zone: Emperor Sand 4
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 34.8
- Contained Unit: bscf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical 3C Contingent Resource estimate for Emperor Sand 4, representing a high uncertainty level within the resource classification.

- Negative factor: Estimate is historical

- Negative factor: High uncertainty category \(3C Contingent Resource\)

Evidence · table

> 34.8

Context: Emperor Sand 4

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-13)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:b602eb4f36520abb3f54
- Deposit or zone: TOTAL Contingent Resources
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 49.6
- Contained Unit: bscf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical total 1C Contingent Resource estimate, representing a low confidence level within the resource classification.

- Negative factor: Estimate is historical

- Negative factor: Low confidence category \(1C Contingent Resource\)

Evidence · table

> 49.6

Context: TOTAL

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-14)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:6f23cad62a6e0d533fcf
- Deposit or zone: TOTAL Contingent Resources
- Resource basis: gross

#### Resource Data

- Category: indicated
- Contained Metal: 165.7
- Contained Unit: bscf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical total 2C Contingent Resource estimate, representing a best estimate confidence level within the resource classification.

- Negative factor: Estimate is historical

Evidence · table

> 165.7

Context: TOTAL

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-15)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:b602eb4f36520abb3f54
- Deposit or zone: TOTAL Contingent Resources
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 259.8
- Contained Unit: bscf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical total 3C Contingent Resource estimate, representing a high uncertainty level within the resource classification.

- Negative factor: Estimate is historical

- Negative factor: High uncertainty category \(3C Contingent Resource\)

Evidence · table

> 259.8

Context: TOTAL

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-16)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:c525639037d405c4183a
- Deposit or zone: Judith Deep
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 89
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P90 Prospective Resource estimate for Judith Deep, representing a low confidence level for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource \(P90\)

Evidence · table

> 89

Context: Judith Deep

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-17)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:1aa6433afd573b9fff06
- Deposit or zone: Judith Deep
- Resource basis: gross

#### Resource Data

- Category: indicated
- Contained Metal: 142
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P50 Prospective Resource estimate for Judith Deep, representing a best estimate for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource

Evidence · table

> 142

Context: Judith Deep

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-18)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:c525639037d405c4183a
- Deposit or zone: Judith Deep
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 209
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P10 Prospective Resource estimate for Judith Deep, representing a high uncertainty level for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource \(P10\)

Evidence · table

> 209

Context: Judith Deep

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-19)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:72a13004c5003148dda9
- Deposit or zone: West
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 88
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P90 Prospective Resource estimate for West, representing a low confidence level for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource \(P90\)

Evidence · table

> 88

Context: West

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-20)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:5789ea99e604201ea0de
- Deposit or zone: West
- Resource basis: gross

#### Resource Data

- Category: indicated
- Contained Metal: 135
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P50 Prospective Resource estimate for West, representing a best estimate for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource

Evidence · table

> 135

Context: West

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-21)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:72a13004c5003148dda9
- Deposit or zone: West
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 192
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P10 Prospective Resource estimate for West, representing a high uncertainty level for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource \(P10\)

Evidence · table

> 192

Context: West

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-22)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:dc90134c6c5888b43e45
- Deposit or zone: Central
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 40
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P90 Prospective Resource estimate for Central, representing a low confidence level for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource \(P90\)

Evidence · table

> 40

Context: Central

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-23)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:07185694ac55241c94f9
- Deposit or zone: Central
- Resource basis: gross

#### Resource Data

- Category: indicated
- Contained Metal: 364
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P50 Prospective Resource estimate for Central, representing a best estimate for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource

Evidence · table

> 364

Context: Central

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-24)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:dc90134c6c5888b43e45
- Deposit or zone: Central
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 872
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P10 Prospective Resource estimate for Central, representing a high uncertainty level for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource \(P10\)

Evidence · table

> 872

Context: Central

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-25)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:740060ba94870352cb08
- Deposit or zone: North
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 64
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P90 Prospective Resource estimate for North, representing a low confidence level for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource \(P90\)

Evidence · table

> 64

Context: North

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-26)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:811246db057ebbae69b3
- Deposit or zone: North
- Resource basis: gross

#### Resource Data

- Category: indicated
- Contained Metal: 252
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P50 Prospective Resource estimate for North, representing a best estimate for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource

Evidence · table

> 252

Context: North

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-27)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:740060ba94870352cb08
- Deposit or zone: North
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 455
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P10 Prospective Resource estimate for North, representing a high uncertainty level for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource \(P10\)

Evidence · table

> 455

Context: North

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-28)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:182e8103d957cd69840e
- Deposit or zone: North-East
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 51
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P90 Prospective Resource estimate for North-East, representing a low confidence level for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource \(P90\)

Evidence · table

> 51

Context: North-East

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-29)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:b629c3dff1a6abc7c3f3
- Deposit or zone: North-East
- Resource basis: gross

#### Resource Data

- Category: indicated
- Contained Metal: 379
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P50 Prospective Resource estimate for North-East, representing a best estimate for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource

Evidence · table

> 379

Context: North-East

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-30)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:182e8103d957cd69840e
- Deposit or zone: North-East
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 688
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P10 Prospective Resource estimate for North-East, representing a high uncertainty level for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource \(P10\)

Evidence · table

> 688

Context: North-East

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-31)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:6993748aba0a6fd379bb
- Deposit or zone: North-West
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 13
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P90 Prospective Resource estimate for North-West, representing a low confidence level for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource \(P90\)

Evidence · table

> 13

Context: North-West

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-32)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:f261d6c3c7246f1ff183
- Deposit or zone: North-West
- Resource basis: gross

#### Resource Data

- Category: indicated
- Contained Metal: 118
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P50 Prospective Resource estimate for North-West, representing a best estimate for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource

Evidence · table

> 118

Context: North-West

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-33)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:6993748aba0a6fd379bb
- Deposit or zone: North-West
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 281
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P10 Prospective Resource estimate for North-West, representing a high uncertainty level for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource \(P10\)

Evidence · table

> 281

Context: North-West

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-34)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:fab2e3578bb9369fb2a5
- Deposit or zone: South
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 102
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P90 Prospective Resource estimate for South, representing a low confidence level for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource \(P90\)

Evidence · table

> 102

Context: South

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-35)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:eb6031b4fc7ad502c381
- Deposit or zone: South
- Resource basis: gross

#### Resource Data

- Category: indicated
- Contained Metal: 469
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P50 Prospective Resource estimate for South, representing a best estimate for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource

Evidence · table

> 469

Context: South

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-36)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:fab2e3578bb9369fb2a5
- Deposit or zone: South
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 919
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical P10 Prospective Resource estimate for South, representing a high uncertainty level for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource \(P10\)

Evidence · table

> 919

Context: South

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-37)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:3cd8002d843cd8c9353f
- Deposit or zone: Total Prospective Resources
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 447
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical total P90 Prospective Resource estimate, representing a low confidence level for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource \(P90\)

Evidence · table

> 447

Context: Total

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-38)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:55af8f48af551ec756cb
- Deposit or zone: Total Prospective Resources
- Resource basis: gross

#### Resource Data

- Category: indicated
- Contained Metal: 1859
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical total P50 Prospective Resource estimate, representing a best estimate for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource

Evidence · table

> 1,859

Context: Total

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/emp-approval-of-judith2-appraisal-well-drilling-environment-plan--0d52e241-4a4d-4d74-af0b-9f60ca6bb625#fact-resource-facts-39)

Judith Gas Field · natural gas

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Judith Gas Field
- Commodity: natural gas
- Region: australia\_vic
- Reported Region: Victoria, Australia
- Ticker: EMP

#### Resource scope

- Estimate type: resource
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Mr Keven Asquith
- Resource group id: resource:3cd8002d843cd8c9353f
- Deposit or zone: Total Prospective Resources
- Resource basis: gross

#### Resource Data

- Category: inferred
- Contained Metal: 3616
- Contained Unit: bcf

#### Prior Estimate

- Resource Date: 2025-06-20

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-20T00:00:00.000Z

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a historical total P10 Prospective Resource estimate, representing a high uncertainty level for undiscovered accumulations.

- Negative factor: Estimate is historical

- Negative factor: Prospective resource \(P10\)

Evidence · table

> 3,616

Context: Total

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
