TIDMRMP 
 
30 July 2015 
 
                           Red Emperor Resources NL 
 
            Maersk Venturer Mobilises to Hawkeye Drilling Location 
 
Red Emperor Resources NL (ASX | AIM: RMP) is pleased to announce that the 
load-out of the Maersk Venturer drilling rig has been completed with the vessel 
now at the Hawkeye drilling location. Drilling will commence over the coming 
weekend once the rig has been accurately secured over the required drilling 
location. 
 
As one of the most modern and advanced drill-ships in the world, the Maersk 
Venturer has the required capability to drill the Hawkeye-1 exploration well, 
with the drilling program expected to last 23 days. The exploration well has 
been designed to reach the top of target reservoir approximately 1,000m below 
the sea bed floor and intersect the gas oil contact to prove or otherwise the 
presence of the oil leg. Red Emperor intends to update the market weekly on the 
progress of operations. 
 
The Maersk Venturer was commissioned in 2014 and was built at the Samsung Heavy 
Industries yard in Korea. Capable of operating in up to 3,600 metres of water 
and with dual drilling derricks, high capacity mud pumps and bed space for 230 
personnel, the Maersk Venturer is one of the newest and most capable 
drill-ships in the world. The Maersk Venturer has recently completed work for 
Total Malaysia. 
 
SC55 is located in the southwest Palawan Basin and covers an area of 9,880km2. 
It is a deep-water block in the middle of a proven regional oil and gas fairway 
that extends from the productive offshore Borneo region in the southwest to the 
offshore Philippine production assets northwest of Palawan. The Hawkeye 
prospect was identified on 2D seismic in 2007 and further defined with a 600km2 
3D seismic acquisition in late 2009. Hawkeye contains a 'Best Estimate' STOIIP 
of 480 MMbbls of oil and a 'Best Estimate' Gross Prospective Resource of 112 
MMbbls (RMP net 14.3 MMbbls) (refer to the Company's announcement dated 2 March 
2015). 
 
For further information please visit http://www.redemperorresources.com/ or 
contact: 
 
Red Emperor 
 
Greg Bandy +61 8 9225 2826 
 
Grant Thornton UK LLP 
 
Philip Secrett/Jen Clarke/Jamie Barklem +44 20 7383 5100 
 
Brandon Hill Capital Limited 
 
Jonathan Evans +44 20 3463 5010 
 
 
 
END
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