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 Clutching at straws or what, the EIA inventory stats showed a build of 2.1m barrels, 200/- less than the market was expecting and the bunting goes out, however these numbers are at an important seasonal tipping point as the driving season is only a month away and demand is certainly stron... Thursday, April 21, 2016
Range advises that today it has published its quarterly activities report for the period ended 31 March 2016. Trinidad operations The Company's oil and gas production for the period was 50,148 bbls (average of 551 bopd) net to Range, which is broadly unchanged from 547 bopd in the previous quarter.... Thursday, April 21, 2016
Range is pleased to announce that initial log evaluations on the MD 250 development well in Trinidad are highly encouraging with multiple hydrocarbon bearing zones identified, which will now be tested to determine the well's producing potential. The Company will commence a production testing progra... Wednesday, April 13, 2016
Oil price So, that was the quarter that was, after all that coming and going WTI was up 3.5% and Brent 6.2% on the quarter. The first two weeks of the year did, however see over ten bucks off the prices, the lows on January 21st were $26.55 and $27.10 respectively. I guess that below $30 most conce... Friday, April 1, 2016
All Range Resources Ltd News
Range is pleased to announce that the MD 250 development well in Trinidad that spudded on 10 March 2016 was successfully drilled to a total depth of 4,100 feet on 28 March 2016. The well took 18 days to be drilled, which is well ahead of the expected drilling schedule of 28-35 days. This is the firs... Friday, April 1, 2016