BRIEF-Emperor Energy Responds To Impacts Of Covid-19 Crisis By Reuters

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BRIEF-Emperor Energy Responds To Impacts Of Covid-19 Crisis

Published Apr 01, 2020 17:27

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BRIEF-Emperor Energy Responds To Impacts Of Covid-19 Crisis

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April 1 (Reuters) - Emperor Energy Ltd EMP.AX :

* RESPONDING TO IMPACTS OF COVID-19 CRISIS

* ALL NON-ESSENTIAL ACTIVITIES HAVE BEEN CANCELLED OR POSTPONED

* CONTINUING SEARCH FOR AN EXPLORATION PARTNER FOR JUDITH GAS FIELD IN VIC/P47

* COMPANY IS PREPARING TO COMPLETE A SMALL CAPITAL RAISE IN ORDER TO MEET BUDGET COST PROJECTIONS FOR COMING THREE MONTHS

* WORKING WITH APA; MOVING TOWARDS COMMENCEMENT OF PRE-FRONT END ENGINEERING & DESIGN OF NECESSARY INFRASTRUCTURE FOR JUDITH GAS FIELD

* REVIEWED BUDGET AND REDUCED COSTS ACROSS BUSINESS

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