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Red Emperor Resources NL (RMP.L) Announced an operational update with respect to the drilling of the Winx-1 exploration well, located on the Western Blocks, North Slope of Alaska. The company announced that comprehensive wireline logging program has been successfully completed at Winx-1, full petrophysical analysis and review has commenced. Further, zones of interest in the Torok formation, secondary objectives, were identified on wireline logs, which similarly exhibited low oil saturations and did not flow hydrocarbons during the Modular Formation Dynamics Test (MDT) pressure testing and fluid sampling program.
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