RED EMPEROR RESOURCES NL 
By Manager of Company Announcements
ASX Limited
Level 8 Exchange Plaza
2 The Esplanade
PERTH WA 6000
By E
Red Emperor Resources NL : Shabeel North Drilling Update
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© Publicnow - 2012
Inactive Instrument
Red Emperor Resources NL
Equities
RMP
AU000000RMP0
Oil & Gas Exploration and Production
Future Metals NL, formerly Red Emperor Resources NL is engaged in oil and gas exploration. The Company's principal activities are focused on identifying and exploring oil and gas in South East Asia and the Republic of Georgia. Its segments include Georgian Exploration & Evaluation; Philippines Exploration & Evaluation and Treasury. The Company has projects located in South East Asia and Georgia. The Company in South East Asia has entered into a Farmin Agreement with Otto Energy Philippines Inc. to farm into the prospective offshore Philippines Block, Service Contract 55 (SC55). Its SC55 is located in the southwest Palawan Basin and covers an area of approximately 9,880 square kilometers. Its Georgia project is located in the Republic of Georgia and covers an area of approximately 6,500 square kilometers. Its Philippines operations include Hawkeye-1 exploration well, which is drilled to the depth of approximately 2,920 meters with the reservoir intersected at approximately 2,710 meters.
| 1st Jan change | Capi. | |
|---|---|---|
| +8.86% | 299B | |
| +0.34% | 136B | |
| +60.77% | 131B | |
| +20.61% | 81.97B | |
| +2.98% | 71.58B | |
| +4.67% | 55.41B | |
| +6.90% | 47.32B | |
| +28.49% | 35.54B | |
| +8.32% | 31.05B |
