March 1 (Reuters) - Red Emperor Resources NL (RMP) :
- ALASKA OPERATIONS UPDATE: INTERIM DRILLING RESULTS
- OIL SHOWS HAVE BEEN OBSERVED WHILST DRILLING IN NANUSHUK IN WINX-1 EXPLORATION WELL
- UPDATES ON DRILLING OF WINX-1 EXPLORATION WELL
- PRELIM REVIEW OF INTERVAL SUGGESTS ZONE IN WHICH SHOWS ENCOUNTERED AT LOWER END OF RANGE NEEDED FOR COMMERCIALITY
- REGARDING WINX-1 DRILLING RESULTS, NO OIL SHOWS WERE RECORDED IN SHALLOWER SECONDARY TARGET (SEABEE TURBIDITES)
- REGARDING WINX-1 DRILLING RESULTS, FORWARD PLAN IS TO CONTINUE DRILLING TO TEST DEEPER OBJECTIVES
