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.

http://www.directorstalk.com/the-energy-report-range-resources-ltd-rrsasx-rrlaim/#sthash.F12TL4em.dpuf

3
Mar 2013
The Energy Report – Range Resources Ltd. (RRS:ASX; RRL:AIM).
By News Teamin News

Riding on the back of Range.

In that case....... COME ON RANGE....... oh dear lie down time. Glad your ok gibby, we all hope things improve steadily through the year.,.

Good rise today, along with rrl.

I'm in as of today

Farmin agreement signed with Otto energy

proactiveinvestors- red emperor ready to march

Execution of Drilling Contract
PRNW


5 May 2015

Red Emperor Resources NL

EXECUTION OF DRILLING CONTRACT WITH MAERSK DRILLING

The Board of Red Emperor Resources NL ("Red Emperor" or "the Company") is
pleased to advise that its Joint Venture partner and Operator of Block SC55,
Otto Energy Ltd (ASX: OEL) ("Otto"), has executed a binding contract with
Maersk Drilling to secure the Maersk Venturer ultra-deepwater drill ship to
drill the Hawkeye-1 exploration well.

The Joint Venture can confirm that the drilling window will be between 17 July
and 15 August 2015. Prior to this window, the mobilisation of key services and
equipment will have occurred and the Maersk Venturer will have sailed to the
Hawkeye-1 drilling location. The well is expected to take around 23 days to
drill.

Final costing for the well is being completed with the majority of services
already contracted. The total expected cost remains within guidance of US$30 to
$35 million. This cost is a dry-hole well-cost estimate - if the well
encounters hydrocarbons more detailed evaluation, including well logging, will
be undertaken. Red Emperor's well-cost exposure is capped at US$5.625m.

SC55 is located in the southwest Palawan Basin and covers an area of 9,880km2.
It is a deep-water block in the middle of a proven regional oil and gas fairway
that extends from the productive offshore Borneo region in the southwest to the
offshore Philippine production assets northwest of Palawan. The Hawkeye
prospect was identified on 2D seismic in 2007 and further defined with a 600km2
3D seismic acquisition in late 2009. Hawkeye contains a 'Best Estimate' STOIIP
of ~480 MMbbls of oil and a 'Best Estimate' Gross Prospective Resource of 112
MMbbls (RMP net 14.3 MMbbls).

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

Red Emperor

Greg Bandy +61 8 9212 0102

Grant Thornton UK LLP

Philip Secrett/Jen Clarke/Jamie Barklem +44 20 7383 5100

Brandon Hill Capital Limited

Jonathan Evans +44 20 3463 5010



END

Share price down 60% today.

Red Emperor quits Hawkeye-1
StockMarketWire.com
Red Emperor Resources said the Hawkeye-1 exploration well was drilled to the planned total depth of 2,920m. While it proved the existence of hydrocarbons in SC55, these were at the lower end of expectations and not likely economic to develop. The well will be plugged and abandoned.

Story provided by StockMarketWire.com