Member Info for happyhols

The Nanushuk which is the main target has only recently been discovered having been overlooked in previous years.
Great Bear have done most of the work for us, buying the leases a while ago and spending money on 3D to deliiniate the Winx target.
I think we have been lucky to get such a prospective drill with a high chance of commercial oil.
Very confident here.

I agree there will be spikes on oil shows but disagree with your opinion that they will not find commercial oil.
You obviously have not done your research on the Winx drill.
These blocks were not available a year ago. The leases belonged to a private company company called Great Bear who were waiting for rebates to come back from the Alaskan government, that money never arrived and they could not forfill the work commitments of drilling one well on the leases by 2019.
The leases were sold to our consortium of 88e, Rmp and Otto with Great Bear keeping 10%. This was the jewel in the crown backed by 3D and only 3 miles away from a huge discovery.
We got the lease because because the consortium was quick and nimble to snap up the blocks.A large company would not have been able to act so quickly.
Our consortium was in the right place at the right time and all 3 companies had the money and resources to act quickly to drill the Winx prospect by the required May 2019 time limit.
25 out of 25 successful commercial drills in our area, backed by 3D with multiple targets, yes still risky of course, but obviously a superb prospect with huge upside.
It all depends on your own attitude to risk. I will certainly be in waiting for results.
Good luck all

Ok Spinefx, hopefully we will have the successful results of Winx in by then and a huge leap in the share price before you have to sell.
All looking good here with an excellent chance for this drill.
100% success rate all around us and with 88e as operator and 4 companies in partnership for this drill, they all know what a great chance we have of of commercial oil at Winx.
I believe multiple s of the current share price is on the horizon.
Good luck to all share holders

Spinefx any particular relevance for march 20th ?

I will definitely be in for results, especially if oil shows are reported in multiple zones !

http://www.petroleumnews.com/pnads/228282100.shtml

Yes a very good presentation by Bandy, not too much in the way of technical s but kept nice and simple and certainly shows how good a prospect we have in Winx,
Testing multiple zones with a great chance of oil bearing sands in the well, and 100% successful and more importantly COMMERCIAL drills in the area.
I have been in Rmp through for years so a nice chance of getting my money back and making a nice profit there.
My largest share holding is in 88E and i think we have a great chance to make huge strides in the next 12 months here.
Winx, farm out and conventinal drills, Yukon Gold and unconventional Horizontal to come.
Just wait till the Rns telling us we have oil shows in the Nanushuk :-)

Good Luck all

We would have to be the unluckiest drill company on the north slope not to encounter oil at the Winx prospect. This is not a wildcat drill in Somalia or a deep water drill in Indonesian waters, it’s a drill in a proven fairway in oil soaked Alaska with majors all around us and 26 out of 26 successful commercial drills, and a huge discovery only 3 miles away.

I am extremely confident of a successful commercial drill here, if this is correct, we have tremendous potential for Rmp and it’s investors. What’s not to like.

Market cap extremely low compared to the potential market cap on discovery.

Good base here at 4p with plenty of upside.

God luck all

Rmp s Bandy gives presentation on our Winx prospect, makes compelling listening for a successful drill.
https://youtu.be/C0sju7Cr37g

I cannot believe people whinge about being updated. They whinge if we don’t get updates and whinge when we do.
As I have stated before 88e as operator of the forthcoming Winx drill, always give updates, a sign of a good company if you ask me.
Otto and Rmp must also comply and inform the market of any updates.
Always good to know we are on track.

Rmp and 88e same Rns , not long now.
Good luck all

Construction of the approximately 11 mile ice road to the Winx-1 exploration well location is now nearing completion, with pioneering progress at over 90%, base layer construction at 87% and final top layer (finished) progress at 77%. Ice pad construction will commence immediately upon completion of the ice road ahead of rig mobilisation in early February 2019.
The Nordic Rig#3 recently underwent a 6-day, third party inspection to ensure that rig machinery and equipment are functioning properly and are in accordance with requirements. Only minor issues found, which will be rectified over the days leading up to mobilisation. The rig was found to be in generally excellent condition and passed all major tests, including the ready to drill test.
Winx-1 is located approximately 4 miles east of the Horseshoe-1/1A well that significantly extended the highly successful Nanushuk play fairway to the south. Winx-1 will target gross best estimate prospective resource of 400 million barrels of oil (75 million barrels Otto’s 18.75% net revenue interest) across multiple stacked objectives, including the Nanushuk Formation, which is the primary target of the well.

Well done Phrontist, at least you attended the presentation and had the bottle to talk to Greg.about your investment.

For that you are commended.

You will always get the keyboard knockers but there is no denying that Bandy has finally got us a fantastic opportunity to significantly increase the share price for the benefit of all those invested here.

Muscat, I think farm out news will be before results of Winx, certainly by the end of March.
We all just need a bit of patience, at the end of the day DW will want the best deal possible for the company and shareholders alike but he will also want to secure a work programme for the conventional as soon as possible, hopefully with a tier 1 producer.
Not long to wait for thing to start moving with plenty of news and hopefully oil, in the pipeline lol

Thanks Mickey, wish him a speedy recovery from the board.

Bev, what a pathetic post that was. Brom is far and away the most knowledgeable poster on here, with all due respect to the many other fantastic posters of course.
He must spend hours researching and always shares this knowledge with the board and runs the wiki site for our benefit.
He is certainly allowed time off from these boards to spend time with his family.
Tell me what do you offer in the way of research, information and knowledge to this board.....enough said.
Good luck all, we are in a crucial and exciting period for 88E, I for one am very patient and I am really looking forward to see what the next 12 months will bring.

Hoover, could not agree more with you on the drilling if Winx. The more cautious will be on the sidelines for the drill, and as you say, confirmed oil shows will be hugely positive both on sentiment and the share price.Given that we are testing multiple targets including the shallow nanushuk, then we are very very likely to get oil shows in oil bearing sands.88e as the operator also like to keep the market updated at regular intervals.We could have multiple oil shows with flow testing at the end of drilling. There is no way it will be declared either a duster or commercial after all the drilling is completed as some companies prefer.As good a chance as any of striking oil in this well, and in good commercial quantities.Great chance of multiple zones.Good luck all

The share price is moving up nice and steady, narrow spread again ready for more positive movements.
Looks great on the charts for a good breakout with higher highs and higher lows.
Should look very good going into February with the spudding of the Winx drill.

Sorry try this link
http://redemperorresources.com/wp-content/uploads/UnitedKingdomInvestorCityForumPresentation21Jan19.pdf

...Red Emperor to Drill Prolific Alaska North Slope...
Alaska New Billion Barrel Fairway January 2019
@RedEmpResources
@RedEmpResources www.redempresources.com
@
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Disclaimer
This presentation does not constitute an offer to sell securities and is not a solicitation of an offer to buy securities. It is not to be distributed to third parties without the consent of Red Emperor Resources NL (the “Company”).
This presentation contains forward looking statements that are subject to risk factors associated with oil and gas businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to: price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimates, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory developments, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates.
The Company, its directors, officers and employees make no representation, warranty (express or implied), or assurance as to the completeness or accuracy of forward looking statements.
The Company announced the prospective resources estimate for the Western Blocks in its announcement titled “Red Emperor to acquire interest in large oil prospect in prolific Alaska North Slope” on 25 June 2018. The Company confirms that it is not aware of any new information or data that materially affects the information included in that announcement, and that all material assumptions and technical parameters underpinning the estimates in that announcement continue to apply and have not materially changed.
CAUTIONARY STATEMENT
? Best Estimate Prospective Resources: 400 MMbbl (126 MMbbl net to RMP)
? The estimated quantities of petroleum that may potentially be recovered by the application of future development projects relate to undiscovered accumulations. These estimates have both an associated risk of discovery and a risk of development. Further exploration, appraisal and evaluation is required to determine the existence of a significant quantity of potentially moveable hydrocarbons.
@RedEmpResources www.redempresources.com
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Corporate Profile
About Red Emperor
? DualListed:ASX/AIM
? SharePrice(18January2019):
o ASX:$0.071 o AIM:£0.041
? CurrentIssuedCapital:525,292,776 ? MarketCap:£22m(A$37m)
? Cash:~£5m(~A$9m)*
? BoardofDirectors/Management:
o GregBandy(ManagingDirector) o AaronBertolatti(Director/Co.Sec) o JasonBontempo(NonExecutive) o GracjanLambert(CEO)
? Advisers:
o BrandonHillCapital(UKBroker) o 708Capital(AustralianBroker) o StrandHanson(Nomad)
o MaxCapital(CorporateAdviser)
*Post receipt of funds from January 2019 placement
Share Price and vo