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.

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

Bit of selling, on the rise again.

Thanks to kevyorks on interactive ii, an excellent post.



I don't think its been posted on here from what i can see though you guy's on Rum have seen this already, the excitement today has been about the Georgia drill passing a major hurdle and finally getting back on track. It has not hit significant hydrocarbons yet to the best of my knowledge but is now well placed to do so, all being well.
As per prior RNS's the drill rate has been very slow and we've lost sections of the drill down hole that have since been retrieved and drilling recommenced this issue has been caused by trying to drill through a intrusive strata of Granite (think kitchen worktops its bloody hard) and many tens of meters thick. The drill has today cleared this strata and is drilling below it now.

The reason this is significant is two fold first just to get through this is a achievement in itself but mainly its confirmation of the likelihood of a good regional seal. This does not mean there is certain to be hydrocarbons here but the likelihood has just gone up appreciably. I'll explain it in layman's terms like on RUM.
Imagine the target area like a Jam Jar with no lid on the hydrocarbons would migrate elsewhere. The Granite strata in this case is our lid (which we have now confirmed) and we've just drilled through it and are now into the interesting area where any targets as seen on the seismic's should be. So the hard work is now done getting down there and through the lid, we're now getting to the hopefully pay-zone areas.
Even better as confirmed by the board at the start of the drill they are using a LWD (log while drilling) bottom hole assembly which means the drillers will be getting near real time data of what they are drilling through so there should be no need to trip the drill to wire line log. This means we could well be getting regular updates if they pass through any promising strata on the way to TD.

Kevin

Perhaps investors will understand why the drill has taken longer then stated. Look forward to updates.

good stuff dc - good day here - i was so tempted to sell some earlier but didnt as i firmly believe in rmp - additionally imo this is a share that can hit 30p + anytime quite easily so why rush and take smaller profit through impatience and potentially lose out big time - not even top slicing here just in case

have a good weekend