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.

Up 13% on the ASX

Friday 18 November, 2011Red Emperor Resources NL
Georgian Update

18 November 2011

Red Emperor Resources NL

("Red Emperor" or "the Company")

Georgian Update

Red Emperor Resources NL (ASX: RMP | AIM: RMP) advises that operations are
currently suspended on the Mukhiani well with the rig on standby with a
skeleton crew as the Company awaits final technical analysis on the well. The
Company will provide an update as to the results as soon as they are finalised,
which is expected shortly. Upon a decision to move, it is expected the second
well in the Georgian exploration program will spud within a 4-6 week period.

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 contract with a drilling company Sakson
Drilling and Oil Services 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,

Suspected the MMs might have been walking this up to flog all the shares they've been collecting, another bunch of PIs now holding losing positions until RMP possibly find oil.

Project Update
PRNW



28 November 2011

Red Emperor Resources NL

("Red Emperor" or "the Company")

Project Update

Red Emperor Resources NL (ASX: RMP | AIM: RMP) is pleased to announce the
following operations update with respect to the Company's interests in Georgia
and Puntland.

Georgian Project

Re-interpretation of the Mukhiani-1 seismic data supported by the Vertical
Seismic Profile ("VSP") results has indicated that the well encountered
previously unrecognized faults that led to possible basement being encountered
far earlier than predicted. New fault and stratigraphic trapping potential has
been identified in the vicinity of the well and based on these findings, Red
Emperor and its partners have the option to side-track and test these targets.
However it has been decided that, based on the exploration schedule and
availability of the drilling rig, the Company and its partners will continue
onto the next proposed Kursebi well.

As a result, the Mukhaini-1 well will be suspended and the rig moved to the
next proposed well site. The Kursebi well is targeting separate geological
structures from the Vani area, with the Kursebi target having been identified
using different seismic lines for interpretation purposes. With additional
seismic planed for Block VIb in Q2 next year, the Company and its partners have
decided to also complete a further seismic tie in line over Mukhiani-1 to
assist with the proposed side-track well to be completed in the second half of
2012.

Puntland Project

In Puntland, Horn Petroleum Corp. ("Horn") is currently in final preparations
to commence a two well drilling campaign in the Dharoor Valley Block, with the
first well (Shabeel-1) planned to spud in December 2011. Drilling locations
have been selected over two robust prospects targeting gross best estimated
prospective resources of over 300 million barrels each, based on internal
operator estimates.

Horn has completed sourcing drilling related materials and the majority of
these materials are on site or on route to the drilling site. Preparation works
including the drill site, air strip and ingress route construction have been
completed. Water wells are currently being drilled to provide source water for
drilling operations.

Red Emperor offers near-term leveraged exposure to high impact drilling campaigns, says FoxDavies

Wed 4:44 pm by Giles Gwinnett

The firm is focused on frontier exploration projects and has non-operating interests in licences in the Republic of Georgia and the Puntland region of Somalia, points out the broker
Frontier explorer Red Emperor Resources (LON:RMP, ASX:RMP) offers the investor near-term leveraged exposure to high impact drilling campaigns.

This is the view of broker FoxDavies, which has initiated coverage of the stock - rating it a 'buy' with a target price of 19 pence per share.

The firm is focused on frontier exploration projects and has non-operating interests in licences in the Republic of Georgia and the Puntland region of Somalia, points out the broker.

"The company is currently participating in a drilling campaign in Georgia and its drilling operations in Puntland are expected to commence by the end of this year.

"Although the company has minority interests in these plays, the prospective resource base is sufficiently large that the returns, in case of exploration success, would in our opinion justify the investment risk," it said.

In Puntland, Somalia, the firm has said that final preparations are in progress to begin a two-well drilling campaign in the Dharoor Valley Block, with the first well planned to spud next month.

In the Republic of Georgia, the firm has a 20 per cent interest in onshore blocks VIa and VIb.

FoxDavies summarised: "We believe that the gap between the current share price and our target price could narrow on the news of the start of drilling in Puntland and further progress on the drilling campaign in Georgia.

"We expect updates from both of these fronts by the end of this year."

Volume looking much better, up 11%

Interview with Red Emperor managing director Greg Bandy






http://www.iii.co.uk/news-opinion/iitv

Sat, Dec 3, 2011
11:59 am by Sergei Balashov

http://bit.ly/vS6jwM

Finally, this weeks research reports included a note on frontier explorer Red Emperor Resources (LON:RMP, ASX:RMP) from Fox-Davies Capital, which said the company offers the investor near-term leveraged exposure to high impact drilling campaigns.

The broker has initiated coverage of the stock - rating it a 'buy' with a target price of 19 pence per share.

The firm is focused on frontier exploration projects and has non-operating interests in licences in the Republic of Georgia and the Puntland region of Somalia, points out the broker.

"The company is currently participating in a drilling campaign in Georgia and its drilling operations in Puntland are expected to commence by the end of this year.

"Although the company has minority interests in these plays, the prospective resource base is sufficiently large that the returns, in case of exploration success, would in our opinion justify the investment risk," it said.

In Puntland, Somalia, the firm has said that final preparations are in progress to begin a two-well drilling campaign in the Dharoor Valley Block, with the first well planned to spud next month.

In the Republic of Georgia, the firm has a 20 per cent interest in onshore blocks VIa and VIb.

FoxDavies summarised: "We believe that the gap between the current share price
and our target price could narrow on the news of the start of drilling in Puntland and further progress on the drilling campaign in Georgia.

"We expect updates from both of these fronts by the end of this year."

Red Emperor to begin drilling in Georgia
StockMarketWire.com
Red Emperor Resources says that following a further internal and independent review of the seismic data for the Kursebi area, the company and its partners in Georgia have confirmed that work is due to begin on the preparation of the well site and surrounds in readiness to receive the drilling rig for the spudding of the second exploration well on the Kursebi 2 prospect.

Spudding of the second well is targeted for later this month or early in January.

The Kursebi 2 prospect has mean unrisked gross undiscovered estimated oil in place of 160MMbbls (Red Emperor's 20% attributable interest is 32MMbbls).

At 11:15am: (LON:RMP) share price was 0p at 13.25p


Story provided by StockMarketWire.com

Issue of Equity
PRNW
16 December 2011 Red Emperor Resources NL ("Red Emperor" or "the Company") Issue of Equity Highlights * Placing to raise approximately 4.09 million * Placing provides additional funding to progress the current exploration programs in Puntland and Georgia * Drilling of Puntland Shabeel-1 well and Georgia Kursebi 2 prospects about to commence with both expected to spud in January, 2012 Red Emperor Resources NL (ASX | AIM: RMP), the oil and gas exploration company with interests in Puntland and Georgia, is pleased to announce a placing, through Fox-Davies Capital Limited in the UK and Max Capital Pty Ltd in Australia, of 37,178,123 new ordinary shares at 11 pence per share (AUD $0.17) (the "Placing Shares"), raising approximately 4.09 million before expenses (the "Placing"). The funds raised under the Placing will be used for working capital and to progress the Company's exploration drilling activities in Puntland and Georgia. Application has today been made for admission of the Placing Shares to trading on AIM. It is expected that admission will become effective on or about 22 December 2011. The Placing Shares will rank pari passu in all respects with existing ordinary shares in the ompany. Following Admission, the Company will have 189,651,380 ordinary shares on 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. Red Emperor's Executive Director, Greg Bandy, said: "This is a very exciting time for our Company as we are funded to drill major transformational prospects in Puntand and a second well in Georgia, both expected to spud in January. The additional funds raised in the placing will allow Red Emperor to commit to a second well in Puntland, should we choose to do so, as well as provide us certainty about our future beyond these two major wells. For further information please contact: Red Emperor www.redemperorresources.com Greg Bandy, Executive Director +61 8 9212 0100 Cairn Financial Advisers LLP (Nominated Adviser) Jo Turner / Tony Rawlinson +44 20 7148 7900 Fox-Davies Capital Limited +44 20 3463 5000 Daniel Fox-Davies/ Richard Hail Old Park Lane Capital plc (Broker) +44 20 7493 8188 Michael Parnes / Luca Tenuta Tavistock Communications +44 20 7920 3150 Paul Youens / Ed Portman Background Red Emperor Resources NL (ASX | AIM: 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 over 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 contract with drilling company Sakson Drilling and Oil Services as well as all related third party contracts. Site works are now complete and the first well is expected to be drilled in early January, 2012. * 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). Work has commenced on the preparation of the well site and surrounds in readiness for the drilling of the second exploration well on the Kursebi 2 prospect. Spudding of the second well is targeted for early January 2012 * The Company also has a right to earn 25% interest in the Jillewarra Project, a copper and gold project in Western Australia. This interest is free carried through until bankable feasibility study. END

Red Emperor taps the market
16/12/2011 Robert Tyerman
Reduce text size Decrease text size Increase text size Increase text size Print article Print Share this article Share Email article to a friend Email Oil hopeful Red Emperor Resources(RMP) has raised 4.09 million at a depressed 11p for exploration in Somalia's Puntland region and Georgia.

Based in Perth, Western Australia, and listed Down Under and on AIM, the company holds 20 per cent of two licences in semi-autonomous Puntland's Dharoor and Nugaal valleys, covering 36,000 km and containing an independently-estimated potential of 19 billion barrels of oil, as well as 20 per cent of Blocks V1a and V1b in Georgia in the former Soviet Union, with an estimated potential of 2 billion barrels, and it can also earn 25 per cent of the Jillewarra copper and gold project in Western Australia.

Executive director Greg Bandy says 'this is a very exciting time for our company, as we are funded to drill major transformational prospects in Puntland and a second well in Georgia.' Drilling should start in both next month.

Though broker Fox-Davies in London and Max Capital in Australia have successfully placed the shares, the market in general has shown scant appetite for Red Emperor at its present stage of development. The shares, which joined AIM in June at around 60p, now languish at 11.25p, down 1.75p this morning, valuing the company at 19.8 million.

They could have speculative potential for the brave.

It will be good to see 15p - 16p before the spud news.

well over 5/1 in favour of buy.

Up 9.5%

http://www.proactiveinvestors.co.uk/companies/news/37295/emerging-oil-and-gas-frontiers-attract-attention-37295.html

Up 5.6% on the ASX

Recovering well, purchasing at 14 now

Should rise this aft if the buying pressure holds.

In the Dec red hot penny shares mag

RMP - BUY up to 27p (citing Puntland drills imminent)

UP 2.6% ON the ASX