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 I return from Norway, where little seems to phase them, to find a modest rise in the oil price that looks as if it is going to stay, at least for the time being. There are still plenty of bears around but the people that count appear to think that they can influence on the upside. This wa... Thursday, October 20, 2016
The Company provides its quarterly activities report for the period ended 30 September 2016. Trinidad operations Production The Company's oil production for the period was 40,888 barrels (average of 444 barrels of oil per day ('bopd')) net to Range. Whilst the average oil production is unchanged ... Wednesday, October 19, 2016
Oil price It was a quiet old day yesterday in crude markets with the feeling that if Brent in particular could hold above 50 bucks then we might indeed remain steady for a while despite headwinds from fundamentals. However it is never wise to expect the status quo and after the close the API invent... Wednesday, October 5, 2016
Oil price Another up month for crude oil, with the expiry of the November Brent contract the price at long last closed above 50 bucks and both grades finished the week well enough. WTI was up $3.54 on the month and Brent $4.39 but it's also a new quarter and three months ago WTI was $48.33 and Bren... Monday, October 3, 2016
All Range Resources Ltd News
Range today releases the financial report for the year ending 30 June 2016. HIGHLIGHTS OF THE FINANCIAL YEAR Completion of funding: The Company has established a stable funding position to underpin its growth by completing a US$30 million equity financing at a 50% premium to the share price. Increa... Monday, October 3, 2016