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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 Jul 2012 22:35 - 777 of 836

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.

mitzy - 04 Jul 2012 11:06 - 778 of 836

Great share.

dreamcatcher - 04 Jul 2012 15:26 - 779 of 836

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.



dreamcatcher - 06 Jul 2012 13:17 - 780 of 836

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

dreamcatcher - 16 Jul 2012 20:07 - 781 of 836

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

dreamcatcher - 16 Jul 2012 22:45 - 782 of 836

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

dreamcatcher - 18 Jul 2012 16:26 - 783 of 836

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.



dreamcatcher - 18 Jul 2012 16:32 - 784 of 836

up 25%

mitzy - 18 Jul 2012 17:05 - 785 of 836

Up 17%.. well done everybody.

dreamcatcher - 18 Jul 2012 17:07 - 786 of 836

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

dreamcatcher - 20 Jul 2012 13:48 - 787 of 836

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.

blackdown - 23 Jul 2012 08:10 - 788 of 836

Whoops.

grannyboy - 23 Jul 2012 09:01 - 789 of 836

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..

dreamcatcher - 23 Jul 2012 16:13 - 790 of 836

agree gb

dreamcatcher - 24 Jul 2012 06:20 - 791 of 836

- 48.3% on ASX

dreamcatcher - 25 Jul 2012 15:45 - 792 of 836

Just waiting for the P&A RNS

dreamcatcher - 25 Jul 2012 15:46 - 793 of 836

A duster is well priced in now.

dreamcatcher - 26 Jul 2012 16:24 - 794 of 836

up 22%

dreamcatcher - 27 Jul 2012 08:02 - 795 of 836

Puntland Drilling Update
PRNW


27 July 2012

Red Emperor Resources NL

("Red Emperor" or the "Company")

Deepening Shabeel North Well Update

Red Emperor Resources NL (ASX: RMP | AIM: RMP) provides the following update on
the Shabeel North well in Puntland, Somalia which is being drilled by operator
Horn Petroleum Corp. ("Horn").

Further to the recent announcement on the testing of the upper Jesomma sand
reservoir which yielded fresh water, the well continued drilling through the
entire Jesomma reservoir section and has reached a depth of 2,200 meters. The
section contained several additional sands with oil and gas shows and a full
set of electrical logs was run to determine if these sands contained potential
oil zones which would warrant further testing. The analysis of these logs
indicate that the most prospective looking zone in the well was the upper
Jesomma sand interval that had already been confirmed by testing to contain
fresh water and thus no further testing could be justified.

Based on the positive evidence of oil shows and the presence of good quality
reservoir in the Jesomma, the partnership has decided to deepen the well in
order to evaluate the potential of the Lower Cretaceous and Jurassic sections.
The current revised total depth will be approximately 3,400 meters and is
expected to take an additional 15 to 20 days to reach that depth. The Jurassic
section in the nearby Shabeel well had thin reservoir sands with oil and gas
shows, but this section was determined to be not thick enough to warrant
testing. These sands are expected to thicken basinward towards Shabeel North.
There was also evidence that there may have been faulting in the well which
could have cut out a significant portion of the basal reservoir section, which
is not expected in Shabeel North.

Horn President and CEO David Grellman stated "While we are obviously
disappointed that the Jesomma sands tested wet, the overall results of the two
wells drilled during this campaign are quite encouraging in the long term
prospects for oil potential of the basin. We have confirmed a working petroleum
system, good quality reservoirs and thick impermeable sealing rocks. The two
Jesomma structures drilled to date appear, subject to final petrophyical
analysis, to have issues with the integrity of the trapping mechanism. We are
still hopeful that the lower zones in the Shabeel North well may have favorable
trapping geometries against the deeper thick carbonate and anhydrite sections
seen in the original Shabeel well."

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

dreamcatcher - 31 Jul 2012 15:03 - 796 of 836

Quarterly Activity Report

http://www.moneyam.com/action/news/showArticle?id=4418342
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