Red Emperor Resources (RMP) is an ASX and AIM listed natural resources exploration company
with interests in the frontier state of Puntland, Somalia and the Republic of
Georgia.

* In Puntland, Red Emperor holds a 20% working interest in two licences
encompassing the highly prospective Dharoor and Nugaal valleys. These two
exploration areas cover over 36,000km2. The first well in a two well
programme spudded with drilling also commenced on the second well in
January 2012 targeting 300mmbls and 375mmbbls of best estimate Prospective
Resources (100% basis). Site construction has commenced on the second well
with the setting of the 30 inch surface casing and the drilling of a 50
meter pilot hole in readiness for spudding following the completion of the
first well.

* In the Republic of Georgia, Red Emperor has a 20% working interest in
onshore blocks VIa and VIb, covering approx. 6,500km2. Joint Venture
partner Range Resources Limited (ASX: RRS | AIM: RRL) previously funded a
410km 2D seismic program with independent consultants RPS Energy
identifying 68 potential structures containing an estimated 2.045 billion
barrels of oilinplace (on a mean 100% basis) with the first (Mukhiani-1)
of two exploration wells having spudded in July in 2011. Re-interpreted
seismic supported by the Mukhiani-1 vertical seismic profiling has
identified new fault and stratigraphic trapping potential with the
possibility of a side track well to be drilled post additional seismic in
2H 2012.



As at 8th March 2012, the Company has 206,681,755 ordinary
shares in issue. The Company holds no shares in treasury and each share carries
one vote. This figure may be used by shareholders in the Company as the
denominator for calculations by which they will determine if they are required
to notify their interest in, or a change to their interest, under the
Disclosure and Transparency Rules.

You are going to get plenty of time with this drill gibby.lol

yes indeed i do hope so lol!! longer the wait bigger the bang payback - yeeeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

Dow Jones Newswire:::

Wednesday September 28th 2011


Red Emperor Resources NL (ASX: RMP | AIM: RMP) along with its joint venture
partners Strait Oil and Gas UK Ltd and Range Resources Limited announced
that drilling recommenced on the Mukhiani well in Georgia after recent difficulty.
The company stated that drilling is currently at 1,452m with a target depth of
3,500m although casing will be set at 2,500m.

Frontera Resources (LON:FRR) has appointed Cornhill Capital Limited as the
company's joint corporate broker,frontera have recently kicked off a multi well
campaign in Georgia where it is confident of increasing production from circa
225 bopd to 5000 bopd on its 100% owned block 12. Chief executive steve
nicandros believes production rates will grow steadily month on month from
the Mirzaani and Mtsare khevi fields, and also has plans to explore the Patara
and Nazarlebi fields where an additional huge oil target has been mapped

http://redemperorresources.com/irm/ShowStaticCategory.aspx?CategoryID=24&HideTopLine=True&masterpage=5

verysensiblemike 3





Each drill in Georgia is worth around 40p per share to RMP.
The first Puntland drill is for 300m+ bbls recoverable worth
around 140p a share. IMO if we strike in Georgia and Puntland
is in the run up to spudding we could be looking at over 100p
Range went from 6p to 24p when they wanted it to and we were
not drilling at the time. We have less than one tenth the number of shares
in issue and the share reg is pretty tight. I would be happy with 70p with
a Geo strike and Puntland spud but this is the AIM. Look at RXP and they were
Not even drilling!

Regards vsm

Full year report due tomorrow and audited accounts



http://www.redemperorresources.com/irm/CalendarView.aspx?masterpage=9

all good stuff dc

yeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

Going well gibby. Must be the sunshine.lol Have a great dayyyy

oh yes -ts sunny everywhere!!!

Into next week please. Better day today gibby

Rumours of have we found oil?

Just about at my average now.

Annual report


http://redemperorresources.com/IRM/Company/ShowPage.aspx/PDFs/1197-93995294/AnnualReporttoshareholders

kerrrrrrrrrrrrrrrrrrchinnnnnnnnnnnnnnnnnnnnnnnngggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggg so glad to up sub 20s - i kneeeeeeeeeeeeeewwwwwwwwwwwwwwwwwwwwwwwwwwwww itttttttttttttttttttttttttttttttttttttttttttttttttttttttttttt

what an end to the week

fillllllllllllllllllllllll yeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee boooooooooooooootttttttttttttttttttttttsssssssssssssssssssssssssssssss

Well done with sub 20p Why the rise. Is it a three letter word Oil

cheers and well done to you also - i know your spirit dropped a bit but you reasoned what we all know & stuck it out

and yes oil - strong city whispers afoot!!!

Up 29% NOW. Thought my socks were getting wet gibby. lol

lol yes!!

I WOULD NOT WANNA BE OUTTA RMP & RRL THIS WEEKEND!!


LLLLLLLOLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

Talk of an RNS Monday, we have hit something. Roll on Monday