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Range Resources (RRL)     

share trader - 13 Nov 2007 00:17



Range Resources (AIM:RRL)

Range Resources is an exploration company with its principal activity directed towards finding and delineating natural resources in the oil, gas and mineral sectors in Puntland, Somalia. Puntland is believed to have all the geological requirements to become a commercial oil-producing region. Range has two Production Sharing Agreements (PSAs) for the Nogal and Darin Blocks, two particularly promising basins.

Undiscovered oil-in-place resources in the Nogal block are estimated at net 860mmbbl. A successful project in this Near Shore zone would mean that new reserves could be rapidly placed on production, largely from shore based facilities.


Fox-Davies Capital recently initiated coverage with a price target of 50p.

brianrog - 23 Jun 2010 12:00 - 44 of 109

looks like the frac news is out friday/monday at the latest - looks very positive is all over the other bbs.

mitzy - 23 Jun 2010 12:32 - 45 of 109

I'm positive.

Balerboy - 23 Jun 2010 20:03 - 46 of 109

all we need is a negative....then we can charge away.....jump leads at the ready .,.

required field - 25 Jun 2010 12:07 - 47 of 109

Upon well completion : a breakout into new highs just has to be on the cards, ....very volatile this sp, but a surge above 6p must be coming.

required field - 09 Jul 2010 09:17 - 48 of 109

Looking good again......rise baby rise....

required field - 09 Jul 2010 13:01 - 49 of 109

Going great guns here...6p plus here we come....

required field - 09 Jul 2010 13:23 - 50 of 109

If the buying carries on ; there will be a shortage of stock here !.

required field - 09 Jul 2010 13:34 - 51 of 109

And through the 6p barrier....

mitzy - 11 Jul 2010 12:05 - 52 of 109

I'm still positive.

required field - 12 Jul 2010 07:56 - 53 of 109

Well you need to connect the neutral and earth......

required field - 12 Jul 2010 08:13 - 54 of 109

Might go past 7p the way this is going.

required field - 12 Jul 2010 08:21 - 55 of 109

Trinidad acquisition now....wow !....

mitzy - 12 Jul 2010 08:24 - 56 of 109

Great..!

Balerboy - 12 Jul 2010 08:36 - 57 of 109

lovely jubbly.,,.

required field - 12 Jul 2010 08:36 - 58 of 109

Almost at 7p now....blimey !....

bertyknows - 16 Jul 2010 12:05 - 59 of 109

Kosmos oil hmmmm, this co mentioned in same breath as RRL. Anyone know about them? More than big enough to swallow RRL and they want to move back into Texan assets. Will keep my eye on the situation.

bertyknows - 16 Jul 2010 13:02 - 60 of 109

certainly an increase in buyers the last 20 mins.

bertyknows - 16 Jul 2010 13:58 - 61 of 109

well it looks good to regain at least 7p and the chart looks very pleasant if it can get over 7p, 10p short term target would be achievable.Loads of buying again.

moneyplus - 16 Jul 2010 14:18 - 62 of 109

rumours of a positive rns on Sun night in oz--great if so for Monday morning. GL all

bertyknows - 27 Aug 2010 08:32 - 63 of 109

these on fire this morning,any reason?
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