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RED EMPEROR RESOURCES NL

ASX: RMP

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Description

Red Emperor Resources NL is an ASX and AIM listed exploration company. The Company's principal activities focused on identifying and exploring oil and gas in 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 30,000km2 and have independently been assessed to potentially contain over 19.9 billion barrels of oil in-place. The two blocks encompass a Jurassic Rift Basin on trend and analogous to the large oil fields in Yemen.

In the Republic of Georgia, Red Emperor has a 20% working interest in onshore blocks VIa and VIb, covering approx. 6,500km2.

Mine For

oil, gas

Location of operation(s)

Somalia, Republic of Georgia

Address

Level 1, 35 Richardson Street
WEST PERTH, WA, AUSTRALIA

Phone

+61 8 9212 0102

Email

Website


Last Updated

5/3/2015

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.