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- Swing when you're losing So, with a small puff of white smoke the Opec contingent have packed their tents and headed to the November 30th meeting with a potential deal up their sleeves. The market reacted well, any deal was unexpected and this, whilst not being worth the paper it isnt wr... Thursday, September 29, 2016
Oil price Ahead of tomorrow's 'Opec' meeting in Algeria hope springs eternal as bulls think a deal will be done. Even if a deal is apparently done that will only be part of it as previous deals have shown. Call me a cynical old sod but the agreement is only part of it, consummation is rare and I su... Tuesday, September 27, 2016
The Company is pleased to provide an update on its waterflood projects in Trinidad with the following highlights: The Company is making significant progress with implementing the full scheme on its waterflood projects; Waterflooding is estimated to increase the total recovery factor to over 30% over... Tuesday, September 27, 2016
Oil price Just to say that next week the blog may be a touch intermittent as I am travelling for a few days, I will attempt to put out flash blogs if circumstances allow. This week the oil price will likely end down around $3/4 as a result of the changes made by all three reporting bodies in which... Friday, September 16, 2016
All Range Resources Ltd News
Further to the Company's announcement on 1 September 2016, Range confirms that a comprehensive response was submitted to Agencia Nacional de Hidrocarburos ('ANH') by the consortium, Range and Optima Oil Corp. ('Optima') on 7 September 2016. This response addressed the numerous areas in which Range a... Thursday, September 15, 2016