Emperor Energy Limited announced that final fully processed seismic data is received. Judith Gas Project Objectives: Emperor Energy's key focus is the development of the Judith Gas Project located 40km offshore from the Orbost Gas Plant in the Gippsland Basin, Victoria. The project objective is to establish a sales gas capacity of 80TJ per day equivalent to 28PJ per year over a minimum production period of 15 years. The project requires drilling of a successful Judith-2 appraisal well in early 2023 to appraise and prove Gas Reserves and subsequently provide economic justification for gas field and processing plant development leading to targeted commercial production of sales gas in 2027 or earlier. A project pre-feasibility study completed by gas pipeline company APA during 2020 provides a clear understanding of the infrastructure path and cost required to achieve commercial production. Final Processed 3D Seismic Data and Report Received from CGG: Over the previous 3 years Emperor Energy has systematically analysed all available data from the Judith-1 Well (drilled in 1989) along with data from other nearby wells and previous seismic surveys across the area to define a large Prospective Resource and smaller Contingent Resource. Emperor Energy is now pleased to advise that it has received the final fully processed version of HighResolution 3D seismic data from the Multi Client 3D seismic survey completed in 2020 across the offshore Gippsland Basin by CGG. The final processed data provides a significant improvement from the preliminary `Fast-Track' PSDM data previously received in mid-2021. The new data provides improved seismic imaging, event coherency and positioning. Seismic events and faults are imaged with much more clarity resulting in greater certainty of interpretation. The improved clarity of seismic interpretation for both the Judith and Longtom reservoir sequences is seen in the composite seismic line shown in Figure 2 below. The continuation of amplitudes associated with these gas sands is seen to extend up-dip in the Judith structure to the proposed Judith-2 well site.