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
Africa Energy Corp. (TSX VENTURE:AFE) reports that it has provided notice to the Puntland State of Somalia advising of its intention to withdraw from the January 2007 productions sharing agreements in respect of the Nugaal Block and the Dharoor Block, each made among the Company, the Government of P... Tuesday, June 30, 2015
Oil price So, the Opec meeting concluded as expected with a rollover of the existing 30m b/d quota and to add insult to injury the communique 'urged members to adhere to it' which adds fuel to the fire. The market had a relief rally after the announcement as some commentators had predicted that the... Monday, June 8, 2015
Range provides the following update with respect to its development programme in Trinidad. Production overview The average production in Trinidad in May was 620 barrels of oil per day (bopd). For the first time in Range's history and despite the challenging oil price environment, the Company has ... Monday, June 1, 2015
Oil price There is nothing much that I can see in the oil market at the moment that would give the price much of an upward movement except perhaps further activity in the Middle East. With the greenback strong after the US inflation figures, the rig count easing and the speculators cutting long pos... Tuesday, May 26, 2015
All Range Resources Ltd News
Oil price Plenty to talk about on the oil price this morning as oil and products held key support levels yesterday and kicked on, aided by the overnight API inventory stats and later the EIA numbers. They showed that crude stocks fell by 2.7m barrels, higher than analysts forecasts of 730/- whilst ... Thursday, May 21, 2015