Red Emperor Resources NL (ASX | AIM: RMP) is pleased to advise...

Red Emperor Resources NL (ASX | AIM: RMP) is pleased to advise that the Shabeel North well currently being drilled in Puntland by joint venture partner and operator, Horn Petroleum Corp (TSX: HRN), is at a current depth of 1,967meters and has penetrated a 50 meter gross section of upper Jesomma sands with oil shows. An open hole drill stem test is currently underway to determine if this zone is oil or water bearing and should be concluded within the next 24 to 48 hours. Regardless of the result of this test, the well will continue to drill
to the base of the Jesomma sands to evaluate any additional lower Jesomma potential pay zones.