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
Range is pleased to provide the following update with respect to its drilling programme in Trinidad. The MD 42N development well, located at the Company's Morne Diablo field, which was spudded on 4 September 2015, has reached total depth. During the drilling operations, the decision was made to dr... Monday, October 5, 2015
The Board is pleased to announce the appointment of Mr. Yu Wang, the nominee of Beijing Sibo Investment Management LP, as a Non-Executive Director to the Board with immediate effect. The appointment is made pursuant to Sibo's contractual right to appoint up to three Non-Executive Directors to the B... Thursday, October 1, 2015
Range today releases the financial report for the year ending 30 June 2015. Highlights of the financial year: Funding secured: Despite a challenging market for junior E&P companies, Range has established a stable funding position for the growth of the Company through attractive equity and supplier ... Wednesday, September 30, 2015
Oil price The roller-coaster ride continues, for Brent, having tried and failed the $50 level we are back below the technical support level, today could do with being a better day. For WTI post expiry the weakness was primarily about the EIA stats, following the API numbers a draw of 1.9m barrels t... Thursday, September 24, 2015
All Range Resources Ltd News
Range is pleased to provide the following update with respect to its Trinidad operations, with the following highlights: The MD 42N well is drilling ahead at 2,180 ft. to a target depth of 3,120 ft.; Four further wells are expected to spud before the end of October; The new 4,000m rig has been succe... Thursday, September 24, 2015