- Red Emperor Resources confirmed that ice road construction had commenced to accommodate the drilling of a new exploration well on the North Slope in Alaska.

A permit to drill the well, called Winx-1, had also been submitted on schedule by operator 88 Energy, the company said.

Drilling was still expected to commence in mid-to-late February.

At 9:45am: [LON:RMP] Red Emperor Resources share price was -0.24p at 3.2p

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