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Emperor Energy Ltd "incrementally piecing together" Judith Gas Field Project in Victoria


Emperor Energy Ltd (ASX:EMP) is incrementally piecing together, step by step, the Judith Gas Field Project in Victoria, according to director Phil McNamara.
In a quarterly activities report, he said the next major project milestone would be securing an exploration and production partner for the drilling of the Judith 2 Well.
McNamara said: “In late 2020 Emperor Energy significantly reduced Permit Risk when the relevant government authority, NOPTA, extended the Permit Term for the Judith Gas Field.
“In January 2021, we have seen completion of the project Pre-Feasibility by APA thus providing clarity on the proposed plant site, approvals process, scheduling and project costs. ....

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DRDO opens up missile production partnership for Indian private sector


In a bid to promote the domestic defence industry, the Defence Research and Development Organisation (DRDO) has allowed private sector firms to both develop and produce missile systems such as vertical launched surface to air missile systems programme.
Under the Development cum Production Partner (DCPP) programme, we have allowed the private sector to co-develop missile systems with us and then also produce them, senior DRDO officials told ANI.
Private sector firms have responded very enthusiastically for participation and bids have been received for the Vertically-launched Short-range Surface to Air Missile system (VL-SRSAM) project, they said.
The effort is part of initiatives to prepare the private sector industry to be able to develop complex military systems under the Make in India project of the Narendra Modi government. ....

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