OPERATIONS

Busy quarter ahead as Red Emperor advances on promising assets

DUAL-listed Red Emperor Resources is looking forward to a busy quarter in Alaska with the imminent spudding of the Winx-1 exploration well, and closer to home in the Philippines over the coming months as seismic data is reprocessed for the offshore Block SC55.

Busy quarter ahead as Red Emperor advances on promising assets

  At the end of the quarter the company raised A$5 million through a 1 million share placement, and had $9 million cash in the bank.    Red Emperor holds a 28% stake in the Alaska-focused Western...

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