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.

Guardian newspaper article -



http://www.guardian.co.uk/world/2012/feb/25/britain-oil-dash-somalia

(Edited)

Red Emperor have requested that their shares be suspended on ASX pending release of an announcement in relation to capital raising. The shares will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Wednesday 29th Feb or when the announcement is released to the market.

I wonder if we will have the same on AIM.

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 and Old Park Lane plc in the UK and Max
Capital Pty Ltd in Australia of 38,472,204 new ordinary shares at 18 pence per
share (the "Placing Shares"), raising £6.925 million before expenses (the
"Placing"). The Placing Shares will rank pari passu in all respects with
existing ordinary shares in the Company.

The Placing comprises of two tranches; the First Tranche being 16,194,013 new
ordinary shares and the Second Tranche being 22,278,191 new ordinary shares.
The Company reserves the right to place up to an additional 7,000,000 new
ordinary shares as over subscriptions to Australian shareholders to the Second
Tranche. It is expected that admission to trading on AIM will become effective
for the First Tranche on or about 1 March 2012. Application has today been made
for admission of the First Tranche Placing Shares to trading on AIM.

Issue of Equity

Highlights

* Placing to raise £6.925 million (approximately A$10 million)

* Placing provides additional funding to progress the current exploration
programs in Puntland and Georgia, business development opportunities and
working capital

* Puntland Shabeel-1 well already at a depth of 1,230 metres and Georgia
Namakhvani well expected to spud in mid April 2012

Hi. Just found this board. Hold a few of these so interested in everyone's views.

The placing bodes well for the first drill.

http://www.proactiveinvestors.co.uk/columns/fox-davies-capital/8478/

up 8.90% on the ASX

http://www.moneyam.com/action/news/showArticle?id=4317482

Dropped in the last trading minute . Not being allowed to drift away from Range. The day range puts its news out , this will rocket.

RNShttp://redemperorresources.com/IRM/Company/ShowPage.aspx/PDFs/1240-93595501/Appendix3B

up 11% today, very good day.

A couple of good strikes in Punty and this share is going to be huge.

I'll get on to the unions straight away !.

ALL OUT STRIKE. lol

Another risky one but you are right about it going ballistic if they strike the black stuff....starting to climb this....

If they hit first time, rf they will go ballistic. Sets the second drill up and investors will pile in. Also the Georgia drill to come. Also not been told the first one is a duster.
With all the news cannot see there being a duster, if so they will drop 50% and rise towards the second drill.

http://cb.iguana2.com/netwealth2/depth/rmp

All buyers on The ASX, bodes well for tomorrow .