MARKETS

Red Emperor classed as "cash shell" company

AUSTRALIAN oil and gas company Red Emperor Resources is facing an ultimatum - find an active asset to prove it is an exploration and production business - or face being delisted from the London Stock Exchange AIM submarket.

Red Emperor classed as "cash shell" company

  The smallcap oil and gas explorer recently relinquished its interest four blocks on the North Slope of Alaska, and currently does not hold an interest in any titles or tenements, which the London...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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