StockMarketWire.com - Red Emperor Resources said permits had been granted to drill an exploration well in Alaska with partner and operator 88 Energy.

All major permits, excluding a permit to drill, had been received for the Winx-1 ewell, located on the Western Blocks, North Slope.

A permit to drill was on schedule for submission prior to year-end, with approval expected in January.

Drilling was then expected to commence in February.


At 9:59am: [LON:RMP] Red Emperor Resources share price was -0.03p at 2.74p



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