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.

Oh dear what a lot of nonsense going on here :(( everyday there's going to be news an rns and still nothing. Only got 400 worth in here not worth anymore.,.

Balerboy news due about 25th/26th/ to be inline with the spud news and two more updates.

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Thursday 25 August, 2011Red Emperor Resources NL
Georgian Drilling Update

25 August 2011

Red Emperor Resources NL

("Red Emperor" or "the Company")

Georgian Drilling Update

Red Emperor Resources NL (ASX: RMP | AIM: RMP) along with its joint venture
partners Strait Oil and Gas UK Ltd and Range Resources Limited is pleased to
announce that the hole to 700m has been opened up to 17 " with the 13 3/8"
casing successfully cemented to the depth of 700m. The blowout preventer "BOP"
is currently being fitted after which the rig will shortly resume drilling with
a target total depth of approximately 3,500m expected to be reached in mid/late
September.

The Mukhiani Well is targeting the Vani 3 prospect which has the following
estimated undiscovered stock tank oil-in-place ("STOIIP"):

Vani 3 Prospect - STOIIP (MMbbls)

P90 P50 P10 Mean

Gross (100%) 41.7 92.7 178.2 115.2

Net Attributable to RMP (20%) 8.3 18.5 35.6 23.0

The geochemical helium survey undertaken by JV partner, Range Resources,
confirmed the suitability of the first drill location with oil exploration and
development prospectivity complementing the earlier seismic work completed on
the target.

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 letter of intent with a drilling
subcontractor 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,

Not bad news but the drill moving slow. Starting to see some selling.

http://bit.ly/oqIyzJ

down 8.84% on the day

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Recovered well from the fall this morning.

I know what this shows

Been trying to find Red Emperors cash position for the on going drill now in Georgia and the two future drills. Found this RNS back in the archives.
Red Emperor Resources is fully funded for the back to back 2 drills in Georgia and the 1st drill in Puntland, as per the RNS states below. If they decide to partner Range Resources in any future drills funding may be needed.








4 February 2010
Manager of Company Announcements
ASX Limited
Exchange Centre
20 Bridge Street
SYDNEY NSW 2001
By E‐Lodgement
Placement Completed
Red Emperor Resources NL (ASX: RMP) is pleased to announce that further to the release on 25 January 2010 its
share placement to raise $10 million has successfully closed fully subscribed with securities to be issued next
week.
The Company is also very encouraged by the response of Range Resources Limited (ASX: RRS AIM: RRL)
shareholders to its prospectus offer of $1 million up to a maximum of $1.8 million and expects to close this offer
next week.
The funds raised by these two placements, coupled with the Companys current cash position, leaves it fully
funded for the upcoming exploration wells to be drilled in both Georgia and Puntland. Red Emperor has a
commitment to drill two (2) wells in Georgia and one (1) well in Puntland.
Red Emperor has been advised that the initial public offer for Metal Bank Limited has closed oversubscribed and
the company is targeting a late February 2011 listing. Metal Bank Limited is to earn a 26% interest in Red
Emperors Jillewarra Project as part of the Companys farm down to a 25% free carried interest in the project.
The Board of Red Emperor has resolved to seek shareholder approval for the issue of 4,500,000 unlisted options
exercisable at $0.30 on or before 30 June 2012 to directors of the Company. A notice of meeting of
shareholders will be provided shortly.
For and on behalf of the Board
Greg Bandy
Executive Director

Took a bashing on the ASX -13%




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Red Emperor graph for the ASX

RMP held on the ASX





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Thursday 01 September, 2011Red Emperor Resources NL
Change of Company Secretary

1 September 2011

Red Emperor Resources NL

("Red Emperor" or "the Company")

Change of Company Secretary

In accordance with ASX Listing Rule 3.16.1, Red Emperor Resources NL (ASX: RMP
| AIM: RMP) advises that Ms Rebecca Sandford has been appointed to the role of
Company Secretary effective 1 September 2011.

Ms Sandford replaces Ms Shannon Robinson as Company Secretary. The Company
would like to thank Ms Robinson for her services over the period she has been
Company Secretary.

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,

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