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 WTI made an appearance below $40 again yesterday, if it keeps doing that it's only a matter of time...A big conference in Bahrain yesterday heard Ali al-Naimi urge continued investment 'in order to guarantee the stability of the market for the long and short term'. A bit late now as by mo... Friday, November 20, 2015
Range advises that the Western Australian Supreme Court, Court of Appeal today dismissed Range's appeal seeking to reverse the decision of the Supreme Court (of first instance) refusing to set aside a statutory demand issued by Lind Asset Management LLC ('Lind'). Range, accordingly, has today paid t... Friday, November 20, 2015
Range is pleased to advise that the second development well of the 22 well programme, the GY 180SE well which was spudded on 4 November 2015 has reached its total depth of 2,000 ft. on 16 November 2015. The well was drilled ahead of schedule and took 12 days to be drilled to its total depth, instead... Friday, November 20, 2015
Oil price Last week oil prices fell again, WTI was down by $2.30 and Brent was off $2.14 only just keeping within trading ranges. With the NFP numbers being well higher than expected at 271/-, unemployment down to 5% and hourly earnings up 2.5% year on year, the greenback was only going one way, we... Monday, November 9, 2015
All Range Resources Ltd News
Range is pleased to advise that the second development well of the 22 well programme, the GY 180SE well spudded on 4 November 2015 and is drilling ahead to a total depth of 2,000 ft. (not 1,820 ft. as previously planned). It is expected to take approximately 21 days to reach target depth. The GY 18... Monday, November 9, 2015