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.

Being held back. Very large buys in the back ground. Going to move fast.

Update due any day now.

Dreamcatcher, what do you mean being held back?

Look at the buying today and the sp has not moved . Correction it has, down.
I would not think there are many shorters with news anytime soon.

Are you in here chuckles?

No dreamcatcher I don't do wildcat oilies, I'd rather bet on a nag.

I don't understand how a share is held back. I thought if demand outweighed supply then the market raised the price to tempt sellers? Perhaps there's lots of shares floating about after the first duster and sell off? Bit of a overhang?

The top 20 share holders are sitting with 170 million shares of the 258,484,221
million shares of the company. You may laugh but sometimes I think it is if the sp is being controlled not to get to far ahead of Range resources. (both companies share the same office address and good buddies. ) I would think the shares are running very tight and with some good news will if let be, move fast.

Great share.

Red Emperor appoints Fox-Davies as Nominated Ad...
PRNW


4 July 2012

Red Emperor Resources NL

("Red Emperor" or the "Company")

Red Emperor appoints Fox-Davies as Nominated Adviser

Red Emperor Resources NL (ASX: RMP | AIM: RMP) is pleased to announce the
appointment of Fox-Davies Capital Limited ("Fox-Davies") as nominated adviser
to the Company with immediate effect.

Fox-Davies is an established investment bank that specialises in supporting
growth companies in the oil & gas and mining sectors in the UK and
internationally and is a full-service LSE broker, an AIM NOMAD and a financial
advisor.

Fox-Davies has been working with the Red Emperor board since autumn 2011 and in
that time has assisted in the Company's three fundraising rounds which together
raised a total of £17.3 million (before expenses).

Fox Davies replaces Cairn Financial Advisers who have acted as Red Emperor's
NOMAD since its AIM listing on the 23rd June, 2011. The company would like to
acknowledge Cairn's support over this time and thank them for their assistance.

Someones accumulating , large amount of 100,000 buys going through

Horn up 1.3% at this time. Large fall for rmp today. Perhaps getting close to news.

JPM perhaps being the large seller over the last few days. This share will bounce big time.

Shabeel North Drilling Update
PRNW


18 July 2012

Red Emperor Resources NL

("Red Emperor" or the "Company")

Shabeel North Drilling Update

Red Emperor Resources NL (ASX | AIM: RMP) is pleased to advise that the Shabeel
North well currently being drilled in Puntland by joint venture partner and
operator, Horn Petroleum Corp (TSX: HRN), is at a current depth of 1,967meters
and has penetrated a 50 meter gross section of upper Jesomma sands with oil
shows. An open hole drill stem test is currently underway to determine if this
zone is oil or water bearing and should be concluded within the next 24 to 48
hours. Regardless of the result of this test, the well will continue to drill
to the base of the Jesomma sands to evaluate any additional lower Jesomma
potential pay zones.

up 25%

Up 17%.. well done everybody.

Dropped in the last few mins of trade. Good luck mitzy. We need some of late.

Purchasing at 23p now. These and Horn will fly with good news. So perhaps the water
mention in the rns by KH was to keep a cap on the sp.

Whoops.

dreamcatcher "So perhaps the water mention in the rns by KH was to keep a cap on the s/p."

No but it could've been a sign for friends and family to bail-out..

agree gb