Emperor Oil (PINK:CHVFF) is an international oil and gas company with a focus on the Middle East and North Africa. Most recently the company has renegotiated the terms of a joint venture gas deal in Turkey and introduced a significant conventional oil project in Sudan. James Stafford: Oil and gas juniors are now setting up shop in high-risk countries like Sudan Iraq and even Yemen. What's behind this new era of risk and are we likely to see more of this? Andrew McCarthy: This question creates an opportunity for risk comparison – is it less risky to drill a ...