March 1 (Reuters) - Red Emperor Resources NL RMP.AX :
* 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