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 In the end oil finished up on the day and on the week after the US and Chinese data was better than expected. WTI was up only 54 cents on the week though and Brent only 65c. The news from Turkey over the weekend had a modest but immediate effect as the Bosphorus Strait was shut for a few ... Monday, July 18, 2016
Range is pleased to advise that the MD 51-2 development well (renamed MD 251 well) in Trinidad successfully spudded on 15 July 2016. The well is drilling ahead to a total depth of 3,900 feet and is expected to take approximately three weeks to reach target depth. As previously announced, this will ... Monday, July 18, 2016
Oil price After the 5.2m barrel draw in stocks from the API, which come out after the previous close, the market was waiting for something special from the EIA and when that didnt happen the market fell away quite sharply. A draw of only 917/- barrels was below the 1.3m whisper and well below the A... Thursday, June 23, 2016
Range provides the following update on its Trinidad operations with the following highlights: The approval to spud the MD 51-2 development well has been granted and the well is expected to spud early next month; Workover programme on the existing wells has been reviewed to focus on the most economic... Wednesday, June 22, 2016
All Range Resources Ltd News
Range is pleased to announce the appointment of two Australian resident Directors to the Board with immediate effect. The Company's Board of Directors is now comprised of Mr Zhiwei Gu (Chairman), Mr Yan Liu, Ms Juan Wang, Mr David Yu Chen, Mr Yu Wang, Mr Lubing Liu and Dr Yi Zeng. Brief biographie... Thursday, June 16, 2016