Emperor Energy Limited (EMP, formerly Oil Basins Limited) is an oil and gas exploration and development company with a focus on both onshore and offshore projects in Australia. They hold operated projects in Western Australia, demonstrating their ability to manage and develop their own assets. Additionally, they participate in non-operated projects in offshore Victoria, showcasing their collaborative approach to exploration and development. The company's strategic asset is Vic/P47, located in the Gippsland Basin right next to the BHP/ExxonMobil Kipper field, which positions them well for potential future discoveries.