Red Emperor Resources Live Discussion

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Shareshopper1 12 Aug 2015

Re: Someone knows this is a duster !!! ...tbh I've thought along those lines since the rapid decline from 5p.....This somehow doesn't feel right for a strike...hope to be wrong but I'm not that lucky in these things.

Thecheggy 12 Aug 2015

Re: Someone knows this is a duster !!! Time will tell.. And not too much longer to wait. I expect most of us are fully prepared for negative results... As per all the others we have seen and experienced. We all know there is a 70ish % chance of failing. Success would be fantastic and I obviously hope it is! A sniff of leak and this will very quickly turn and we will all be gloating and have made some profit! That's the risk and that's why we are here. COME ON RMP!!

pb123 12 Aug 2015

Someone knows this is a duster !!! Cant believe the dripping downwards is not an indication of failure !

IvestorOl 12 Aug 2015

Tick-tock..... Hopefully some news in the next couple of days! I notice oil prices are still on the slide but hopefully there is still significant demand for the field etc if proved / de-risked. GL All.

cantstandfools 11 Aug 2015

Hello Somebody is waking up, keep your eyes on this there seems to be plenty of buying atm.csf

mike_mac 11 Aug 2015

Re: RNS Drilling Update Hawkeye-1 Exactly, but with so many exploration failed drills across AIM one has got to come in at some point. Also, they had a long time to buy into this prospect.

blokesaid 10 Aug 2015

Re: RNS Drilling Update Hawkeye-1 Chances of a gas find make the odds a bit more favourable but still a punt. .......Mind you what isn't on AIM these days?

mike_mac 10 Aug 2015

Re: RNS Drilling Update Hawkeye-1 There is a 67% chance of failure and the price returning to cash value of about 1p. You get better odds at the casino but fortune favours the brave................sometimes

blokesaid 10 Aug 2015

Re: RNS Drilling Update Hawkeye-1 Lots of bargain buying, this has got to shift soon.

Oilman77 10 Aug 2015

RNS Drilling Update Hawkeye-1 DRILLING UPDATE – HAWKEYE-1Mon 10th Aug 2015.Red Emperor Resources NL (ASX | AIM: RMP) provides the following update with respect to the drilling of the Hawkeye-1 exploration well, offshore Palawan Basin in the Philippines.The Hawkeye-1 exploration well was spud on 31 July 2015 and since then operations have run smoothly with the Joint Venture experiencing excellent performance from both the rig and service companies. After the installation of the 36” conductor at 1,906m the well was drilled (26” and cased (20” to 2,449m. Installation and testing of the blow-out preventer (BOP) has been completed, along with the 17 ½” hole to 2,664m. Current operations involve the setting of 13 5/8" casing in anticipation for drilling the 12 1/8” hole to the primary target reservoir.Red Emperor will continue to update the market with respect to the drilling operations in conjunction with the JV after target depth has been reached.For and on behalf of the BoardGreg BandyManaging Director

HPC Follower 09 Aug 2015

Re: Could be / should be the week! I could do with some very good news here given that I'm sitting on an 82% loss here at present, and no doubt many others are in the same position...

IvestorOl 09 Aug 2015

Could be / should be the week! Come on RMP, a big rise would be appreciated!! Might also be the week we start to get leaks and speculation as we're within the window when results are likely, so I'm expecting some SP movement, hopefully in the right direction! GL all!

Oilman77 09 Aug 2015

Wednesday onwards Goldie re Otto's next well rns At least we agree Wed midweek onwards - maybe you missed what I did post earlier in a quote taken from an email in answer to a question posed last Monday lunch time after release of Otto own Hawkeye one update."There is no news to be gathered between now and the reservoir which will be drilled into in the coming week and a bit "

goldielockandthethreebears 09 Aug 2015

Re: Och Aye the Noo ! Oilman, the below is from the update RNS:The next update will be provided once the 12 ⅛” section is drilled intothe primary target reservoir, anticipated to occur about two weeksfrom now.So I don't expect any significant news in the first half of next week. Possible at the end of the week but more likely the week after.I was around for the last fiasco. LEt's hope this has a better outcome.GL3B

Oilman77 08 Aug 2015

Re: Och Aye the Noo ! judge timescales for yourself quotes received last Monday morning 3rd Aug: "There is no news to be gathered between now and the reservoir which will be drilled into in the coming week and a bit""If there is any material change in plans, we will update the market accordingly, but from here it is fairly routine operations to drilling to about 50 metres before the reservoir""The key activity is when we drill the 12 1/8” section into the reservoir"edit.just to add all quotes below are 100% genuine but as you are aware if there is any material change in plans, they will update the market accordingly ...goldie: you been around posting here when last drill fiasco, rumours flying about everywhere crazy times back then - ok traders post usual noise, expected - this time difference we an experience operator in Otto & CEO clued in to investors - light years difference from Landau, Hill & yes Bandy I'm afraid - by communicating instantly with shareholders best way to combat the downright lies & stop rumours speading, simple really so well done to Matthew Allen Otto Energy CEO are lucky to have him in my opinion.