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 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
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
Oil price The Summer Opec meeting starts on thursday and as usual, claim and counter claim is being made. Nothing has changed me views from Friday and I dont expect anything spectacular to come out of the meeting. I remain convinced that the effective demise of Opec as we have known it continues, a... Tuesday, May 31, 2016
All Range Resources Ltd News
The Company is pleased to provide an update on its waterflood projects in Trinidad with the following highlights: Injection on the flagship Beach Marcelle waterflood project has commenced; Two injector wells are being used to inject water, at an average initial rate of approximately 600 bwpd, which ... Tuesday, May 31, 2016