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Red Emperor Resources (RMP)     

mikegr - 21 Jul 2011 18:07

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.

Chart.aspx?Provider=EODIntra&Code=RMP&Si

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.




dreamcatcher - 03 Oct 2011 06:10 - 215 of 836

As per londonstockexchange website:

Settlement as of 30/09/2011, at 5:45 p.m.
Spectacular surge from Red Emperor Resources Nl Npv (Di) as it records bullish 11.24% increase. The security had a bearish start to the day, opening above the previous range bottom, but improved its performance as trading progressed. Red Emperor Resources Nl Npv (Di)'s weekly trend is more sluggish than the benchmark's movements. The downswing could create selling opportunities for Red Emperor Resources Nl Npv (Di) stock.

Status and Trend Analysis
Red Emperor Resources Nl Npv (Di)'s medium-term scenario corroborates its negative trend. However, an analysis of the short-term chart gives a first indication that the bears are on the way out, with the share price rising towards first resistance in the 21.96 area. Support is at 19.46. Further positive moves would support the case for a new high in the 24.46 area.

Risk Analysis
Here is an investment for risk-loving investors, who will choose to venture large sums despite the security's high daily volatility of 7.02. With daily volume equalling 2,847,280, above the moving average of 1,453,600, Red Emperor Resources Nl Npv (Di) is clearly attracting interest in the market

dreamcatcher - 03 Oct 2011 16:47 - 216 of 836

Monday 03 October, 2011Red Emperor Resource
Price Monitoring Extension
RNS Number : 4606P
Red Emperor Resources NL
03 October 2011

Price Monitoring Extension


Today's closing auction call period has been extended in this security by 5 minutes.


Auction call extensions give London Stock Exchange electronic order book users a further opportunity to review the prices and sizes of orders entered in an individual security's closing auction call before the execution occurs. A price monitoring extension is activated when the matching process would have otherwise resulted in an execution price that is a pre-determined percentage above or below the price of the most recent automated execution today.


The applicable percentage is set by reference to a security's Millennium Exchange sector. This is set out in the Sector Breakdown tab of the Parameters document at www.londonstockexchange.com/tradingservices



This information is provided by RNS

dreamcatcher - 03 Oct 2011 16:59 - 217 of 836

What does that rns mean?

dreamcatcher - 04 Oct 2011 06:25 - 218 of 836

up 1.6% on ASX

dreamcatcher - 04 Oct 2011 15:42 - 219 of 836

Buying at 20p holding well.

dreamcatcher - 07 Oct 2011 06:06 - 223 of 836

up 3.1% on the ASX

dreamcatcher - 07 Oct 2011 14:43 - 224 of 836

Starting to move

ptholden - 07 Oct 2011 16:29 - 225 of 836

Constipated?

dreamcatcher - 07 Oct 2011 16:39 - 226 of 836

Could be better or even worse. Held

dreamcatcher - 08 Oct 2011 12:57 - 227 of 836

A very good post from verysensiblemike on interactive ii


I have been keeping an eye on the top 20 list with a hawks eye since the AIM listing.
These are my findings to date.

As Preempt says there has been a transfer or sale and buy back of stock from the ASX to AIM as you would expect. Between the end of June and the end of September AIM holders (Compuserve) have more than doubled from 19% to 40%.

Over the same period there has been net accumulation by the top 20 holders of 20m shares to 102m shares (67% of the issue). Price wise there has been little change on the ASX since the end of June. To be precise the shares are one cent lower at 33c. Given the performance of the world markets and the oil price over the last 3 months the stability in the sp speaks volumes to me.

As Preempt says top 20 holders have been transferring stock to AIM which is I presume a mixture of Australians wanting the better liquidity offered by AIM and UK holders bringing the shares back home.

Looking at the current top 20 the following points should be noted
We have a new holder Jameker Pty Ltd (AKJ family a/c) holding 3.6m or 2.36%. Is it a coincidence that the 3.6m corresponds exactly with the reduction in The Max Capital holding?
A quick google of Jameker shows it is a company controlled by Anthony King. The notation in brackets AKJ Family a/c I assume is a typo and should be AJK. So in fact Tony king has just transferred stock from Max Capital into his own name which is even better that doing nothing
IMO.

A closer look shows that the King family has the following holdings
Jameker 3.6m 2.36%
Max Capital 3.0m 1.97%
Seventy Three Pty Ltd ( King superfund) 2.5m 1.64%
Mr Jeremy Phillip King 0.99m. 0.65%
This oozes confidence as far as I am concerned.

Another very interesting is the holding by Okap ventures.
In the top 20 end June (25/6) Okap held 1,111,111 or 0.73%
In the list published as at 24th August they were off the list
and have reappeared on the end sept list with a 1.6m 1.05%
holding. Nice little trade there for a 50% increase in holding.
Again oozes confidence.
I suspect PL also has a holding within the JP Morgan Nominees
holding as I think he uses then to hold some RRS.
any ideas Preempt?

I have it on very good authority that over the quarter Bandy has transferred 1.5m to AIM
and so still holds 7m in the family account. Oozes confidence again!!!

The Macliver family account ( Ian Mcliver is a founder of Max Capital) has been reducing
from a holding of 1.5m on the ASX in June to 1m in Aug to nothing now. I would bet my bottom
dollar thet the Macliver stock is now on AIM.

Our good friend Gilbs is rock steady with 1.197m. I have reserved my self seat number 16
just behind you Gilbs as I know you will see this.


Not much more to add. if anybody else can add to this then great but
IMO the top 20 as it stands and the movements over the last 3 months
against a terrible background says it all

Regards to all vsm
Not long to wait now

ptholden - 08 Oct 2011 14:16 - 228 of 836

None of which matters a damn if the first well (or second for that matter) is a duster, they are all just speculators in a company that has nothing, at least RRL has TNT to bank roll their own E&P.

dreamcatcher - 08 Oct 2011 14:59 - 229 of 836

Update due early next week.

dreamcatcher - 08 Oct 2011 21:02 - 230 of 836

AGI shot the survey without prior seismic information on the coordinates given by Range resources/ Strait oil. You could say they were blind of any facts.
AGI compiled the survey and results. They were then intergrated with the existing seismic results to give the best drill targets.
Of the three locations tested by AGI, results of the helium survey
indicated active oil and gas in the first 2 drill targets.

AGI - Actual Geology Internation Limited.


68 prospective targets were identified across the two blocks. 6 were priortised for drilling with a total unrisked oil in place of est 728 million barrels.


This is a share you take a chance with. I feel the companies involved have done their homework. Nothing can be guaranteed. If a duster is hit it, the sp will reflect it.
If commercial flowing oil is found, the sp will reflect this and for the future drills.
News due next week.
I f this goes right, there will be BIG returns
If this goes wrong on this drill there could be 30% -50% loss of the sp, with the return of investors for future drills.
I am confident to invest here.

dreamcatcher - 10 Oct 2011 06:10 - 231 of 836

up 4.5% on the ASX

gibby - 10 Oct 2011 09:14 - 232 of 836

good buy price right now!

dreamcatcher - 10 Oct 2011 16:30 - 233 of 836

Monday 10 October, 2011Red Emperor Resources NL
Georgian Drilling Update

10 October 2011

Red Emperor Resources NL

("Red Emperor" or "the Company")

Georgian Drilling Update

Red Emperor Resources NL (ASX: RMP | AIM: RMP) along with its joint venture
partners Strait Oil and Gas UK Ltd and Range Resources Limited (ASX: RRS | AIM:
RRL) advises that the Mukhiani Well has been drilled to the intermediate depth
of 1544 meters with a proposed total depth of 3500 meters.

Drilling operations are continuing after a short interruption to undertake a
comprehensive data collection program for close analysis. The analysis is
deemed prudent to determine if the well has reached the Paleozoic granite
basement or is drilling through a sub-volcanic intrusive which is masking the
targeted primary reservoir objective at a depth of about 2300m as interpreted
from the helium survey and exists with other similar discoveries found under
sub-volcanic intrusives. An additional factor for undertaking the analysis is
the slow drilling rates that are being achieved through the highly variable
intrusive complex.

A full suite of wireline logs has been successfully recorded. Additional
valuable information has been obtained through the successful collection of 10
sidewall cores from critical intervals. Preparations are underway for cutting a
full diameter conventional core within the nearest future. Once the coring
program is completed, a Vertical Seismic Profile (VSP) survey will be run.

The new data will then be integrated into the full data set and the subsurface
situation reinterpreted as appropriate. This reinterpretation will then be used
to determine the next steps for the well depending on the progress of the well
at that point in time. The VSP survey will be undertaken in approximately 10 to
14 days.

The Mukhiani Well is targeting the Vani 3 prospect which has the following
estimated undiscovered stock tank oil-in-place ("STOIIP"):

Vani 3 Prospect - STOIIP (MMbbls)

P90 P50 P10 Mean

Gross (100%) 41.7 92.7 178.2 115.2

Net Attributable to RMP (20%) 8.3 18.5 35.6 23.0

The geochemical helium survey undertaken by JV partner, Range Resources,
confirmed the suitability of the first drill location with oil exploration and
development prospectivity complementing the earlier seismic work completed on
the target.

For further information please visit www.redemperorresources.com or contact:

Red Emperor
Greg Bandy +61 8 9225 2826

Cairn Financial Advisers LLP (Nominated Adviser)
Jo Turner +44 20 7148 7900
Tony Rawlinson

Old Park Lane Capital plc (Broker)
Luca Tenuta +44 20 7493 8188
Michael Parnes

Tavistock Communications
Paul Youens +44 20 7920 3150
Ed Portman

Background

Red Emperor Resources NL (ASX: RMP) is a natural resources exploration company
with interests in the frontier state of Puntland, Somalia, the Republic of
Georgia and Western Australia.

* 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 nearly 36,000km2 and have independently been
assessed to potentially contain a combined 19 billion barrels of oil
in-place. Red Emperor's joint venture partner and PSA operator Africa Oil
Corp. (TSXV: AOI) has signed a letter of intent with a drilling
subcontractor and expects the first well to be drilled in Dharoor in Q4,
2011.

* 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) last year funded a
410km 2D seismic program with independent consultants RPS Energy
identifying 68 potential structures containing an estimated 2.045 billion
barrels of oil-in-place (on a mean 100% basis). Two wells are to be drilled
this year as part of the proposed drill program.

* The Company also has a 25% interest in the Jillewarra Project, a copper and
gold project in Western Australia. This interest is free carried through
until bankable feasibility study,
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