Red Emperor Resources is a natural resource exploration company with oil & gas interests in the frontier state of Puntland, Somalia and the Republic of Georgia.
22/05/12
Change of Directors Interest Notice21/05/12
Shabeel North - Exercise of Option to Participate17/05/12
Puntland Update14/05/12
Puntland Update09/05/12
Georgia Update09/05/12
Issue of Cleansing Prospectus01/05/12
Total Voting Rights and Clarification01/05/12
Quarterly Activity Report and Appendix 5B26/04/12
Raises GPB 6.24m and Appoints Fox-Davies as Joint18/04/12
Market Update
24/02/12
Fox-Davies Capital has decided to raise its 12 month target price for Red Emperor Resources on the back of yesterday's upbeat operational update. The broker estimates that success in Puntland could add 110 pence to the fair value of the oil explorer, which is currently worth 19 pence per share.
18/08/11
The two joint venture partners each hold 20 per cent in the licences that cover the Puntland project, which potentially contains 19 billion barrels of oil in place. Old Park Lane Capital has reiterated its ‘buy’ ratings for both shares, with target prices of 115 pence and 27 pence for Red Emperor’s and Range Resource’s respective share prices
04/08/11
Red Emperor Resources and Range Resources, its joint venture partner for the Dharoor Valley license in Puntland, both got the thumbs up from broker Old Park Lane on news that the Dharoor project operator Africa Oil is preparing to spud its first well on the prospect.
14/07/11
Earlier today we heard the Mukhiani-1 well in the former Soviet state of Georgia had been successfully spudded. As the drill-bit began turning it marked the start of an exciting and potentially transformational period for the two AIM-listed Range Resources and Red Emperor Resources.
30/06/11
Investors who missed out on the Range Resources story as the stock went stratospheric might want to take a look at its Australian compatriot Red Emperor Resources. The latter's listing on AIM offers UK investors low-cost exposure to the projects in Puntland, Somalia, and the former Soviet state of Georgia that have propelled the Range share price to its dizzy heights.
23/06/11
Shares in Emperor Resources were this morning admitted for trading on AIM, giving UK investors exposure to two exciting and high impact oil exploration programmes.
16/03/12
Red Emperor results reflect a period of significant progress09/03/12
Fox-Davies Capital raises Red Emperor target price to 65p after 'promising' Puntland update07/03/12
Red Emperor, Range rally on Puntland drilling update27/02/12
Red Emperor to raise £6.9 mln for Puntland and Georgia exploration - UPDATE27/02/12
Red Emperor to raise £6.9 mln for Puntland and Georgia exploration23/02/12
Range and Red Emperor expect Puntland test results in second quarter31/01/12
Red Emperor mulling decision on second Puntland well17/01/12
Red Emperor and Range Resources confirm Puntland spudding -Update17/01/12
Red Emperor and Range Resources confirm Puntland spudding11/01/12
Red Emperor knows of no reason for recent rise
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