Range Resources Ltd
Range Resources Limited is a dual listed (ASX:RRS; AIM:RRL) Trinidad-focused independent E&P company, with a 100% interest in three onshore production licenses, namely Beach Marcelle, South Quarry and Morne Diablo, as well as additional highly prospective exploration acreage on Guayaguayare license (farm in) and newly awarded St Mary’s licence.The Company is focused on growing its production through waterflood projects, combined with extensive shallow onshore development drilling programme.
The Company has independently assessed Proved reserves (2P) in place of 22.1 MMBO.
Range has further interests in Guatemala; Puntland, Somalia; Colombia; and Georgia.
Latest Range Resources Ltd News
Oil price The oil price rise yesterday was based on industry rumour that Opec and non-Opec would get together and cut production, even the USA were being talked about as cutters. In that regard nothing could be further from the truth and I understand it would be illegal in that country. Venezuela k... Wednesday, January 27, 2016
The Board of Range wishes to advise that Mr Yan Liu, has tendered his resignation as Chief Executive Officer and Trinidad General Manager, effective 31 January 2016. Mr Liu will remain on the Board of Directors as a Non-Executive Director to provide his valuable expertise and knowledge of Trinidad o... Wednesday, January 27, 2016
Range advises that it has received a notice from Agencia Nacional de Hidrocarburos ('ANH'), National Hydrocarbons Agency of Colombia, which states that the licences over the three exploration blocks, PUT-5, VMM-7, and VSM-1 have been revoked. The licences were awarded to a consortium of Optima Oil C... Tuesday, January 19, 2016
Range provides the following update with respect to its operations in Trinidad with the following highlights: Approvals for the implementation of the Beach Marcelle waterflood project have been received; 12 wells have been approved for conversion to water injectors on the Morne Diablo waterflood pro... Wednesday, January 13, 2016
All Range Resources Ltd News
Drilling programme Range is pleased to advise that the third development well of the 22 well programme, the GY 161 S well spudded on 27 November 2015 and is drilling ahead to a total depth of 2,000 ft. It is expected to take approximately 21 days to reach target depth. The GY 161 S well is the seco... Thursday, December 3, 2015