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Red Emperor chief: Hawkeye prospect a compelling investment case

Greg Bandy, the chief executive of Red Emperor Resources (LON:RMP), says the company’s latest project in the Philippines has a compelling investment case.

In just over two weeks’ time, the firm’s JV partner Otto Energy Limited (ASX: OEL) will begin drilling at Hawkeye-1, which sits in the SC55 block where Red Emperor has a 15% interest. 

It is a deep-water block off the island of Palawan in the middle of a proven regional oil and gas fairway and Bandy expects some high impact and successful results from Hawkeye-1 soon.

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