LONDON (Alliance News) - Red Emperor Resources NL said Wednesday it had continued to make progress with its Puntland and Georgia projects in the quarter to end-March During the quarter, the operator of its Georgia project Strait Oil & Gas UK continued discussions with potential farm in part
Read moreLONDON (Alliance News) - Red Emperor Resources NL Thursday posted a widened pretax loss in the half-year ended December 31, 2013, and said it expects to begin its drilling programme at its Georgian project in the second-half of 2014. The company posted a pretax loss of GBP307,914 pence, wid
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
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FTSE 100 - WINNERS
Barclays, up 2.7%. Numis has upgraded the bank to Add from Hold, increa
The market reacted enthusiastically on news that Red Emperor Resources has entered into a joint venture coal bed methane (CBM) project in Georgia. The stock jumped by 18.4% before midday on Monday, as Red Emperor will start technical studies alongside ahead of an initial three or four well pilot p
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