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Range Resources Ltd - One for 2011 (RRL)     

Proselenes - 10 Dec 2010 13:31

.

gibby - 12 Aug 2011 06:31 - 1494 of 5221

more north todsy hopefully

gibby - 12 Aug 2011 06:44 - 1495 of 5221


http://whttp://www.youtube.com/watch?v=VRzSsUxla34ww.youtube.com/watch?v=fRr2kf84V2M&feature=related

dreamcatcher - 12 Aug 2011 07:04 - 1496 of 5221

12 August 2011

The Manager

Company Announcements

Australian Securities Exchange Limited

Level 6, 20 Bridge Street

Sydney NSW 2000

By e-lodgement

Georgia Drilling Update

International oil and gas exploration, development and production company, Range Resources Limited ("Range" or "the Company") along with its joint venture partners Strait Oil and Gas UK Ltd ("Strait") and Red Emperor Resources ("Red Emperor") is pleased to announce that drilling of an initial 8 " pilot hole has reached its planned depth of 700m and has been successfully logged with the results confirming the anticipated lithology. The pilot hole is currently being opened up to 17 " after which the 13 3/8" casing will be run and cemented and drilling will then resume with a target total depth of approximately 3,500m expected to be reached in mid-September.

The Mukhiani Well is targeting the Vani 3 prospect which has the following estimated undiscovered stock tank oil-in-place ("STOIIP"):

Vani 3 Prospect - STOIIP (MMbbls)

P90 P50 P10 Mean

Gross (100%) 41.7 92.7 178.2 115.2

Net Attributable to Range (40%) 16.7 37.1 71.3 46.1

The recently completed geochemical helium survey undertaken by Range confirmed the suitability of the first drill location with oil exploration and development prospectivity complementing the earlier seismic work completed on the target.

For and on behalf of the Board

Regards

Peter Landau

Executive Director

Contacts

Range Resources Limited

Peter Landau

Tel : +61 (8) 8 9488 5220

Em: plandau@rangeresources.com.au

Australia London

PPR Tavistock Communications
David Tasker Ed Portman/Paul Youens
Tel: +61 (8) 9388 0944 Tel: + 44 (0) 20 7920 3150
Em: david.tasker@ppr.com.au Em: eportman@tavistock.co.uk

RFC Corporate Finance (Nominated Advisor) Old Park Lane Capital (Joint Broker)
Stuart Laing Michael Parnes
Tel: +61 (8) 9480 2500 Tel: +44 (0) 207 493 8188

Panmure Gordon (Joint Broker)

Katherine Roe / Brett Jacobs

Tel: +44 (0) 207 459 3600

Range Background

Range Resources Limited is a dual listed (ASX: RRS; AIM: RRL) oil & gas exploration company with oil & gas interests in the frontier state of Puntland, Somalia, the Republic of Georgia, Texas, USA and Trinidad.

* In Trinidad Range recently completed the acquisition of a 100% interest in holding companies with three onshore production licenses and fully operational drilling subsidiary. Independently assessed gross recoverable 3P reserves in place of 6.9 MMbls (on a mean 100% basis) with an additional 20 MMbls of prospective resources.

* In the Republic of Georgia, Range holds a 40% farm-in interest in onshore blocks VIa and VIb, covering approx. 7,000sq.km. Currently, Range has recently completed a 410km 2D seismic program with independent consultants RPS Energy identifying 68 potential structures containing and estimated 2 billion barrels of oil-in-place (on a mean 100% basis) with the first of two exploration wells having spudded in July in 2011.

* In Puntland, Range holds a 20% working interest in two licences encompassing the highly prospective Dharoor and Nugaal valleys with the operator and 45% interest holder, Africa Oil Corp (TSXV: AOI) planning to drill two wells in 2011.

* Range holds a 25% interest in the initial Smith 1 well and 20% interest in further wells on the North Chapman Ranch project, Texas. The project area encompasses approximately 1,680 acres in one of the most prolific oil and gas pro

skinny - 12 Aug 2011 07:58 - 1497 of 5221

Oil and gas exploration company,Range Resources along with joint venture partners Strait Oil and Gas UK Ltd and Red Emperor Resources, has announced that drilling of an initial 8 " pilot hole has reached its planned depth of 700m and has been successfully logged with the results confirming the anticipated lithology.

The pilot hole is currently being opened up to 17 " after which the 13 3/8" casing will be run and cemented and drilling will then resume with a target total depth of approximately 3,500m expected to be reached in mid-September.

The Mukhiani Well is targeting the Vani 3 prospect. The recently completed geochemical helium survey undertaken by Range confirmed the suitability of the first drill location with oil exploration and development prospectivity complementing the earlier seismic work completed on the target.

HARRYCAT - 12 Aug 2011 08:22 - 1498 of 5221

Four pages of posts since yesterday???? I thought I was going to have to do some serious speed reading here to become better informed................
I must admit that the YouTube posts are becoming a bit of a grind, gibby. There's fun and there is just plain dull.............

gibby - 12 Aug 2011 10:01 - 1499 of 5221

hc
for you
http://www.youtube.com/watch?v=CVnk13cYl08&feature=related

gibby - 12 Aug 2011 11:31 - 1500 of 5221

http://www.iii.co.uk/investment/detail?code=cotn:RRL.L&display=news

dreamcatcher - 12 Aug 2011 12:58 - 1501 of 5221

Next resistance 14.5p and 16.7p

dreamcatcher - 12 Aug 2011 13:23 - 1502 of 5221

Just read through the Africa oil rns. Bit confused .com with this - contracts are being
entered into with drilling related subcontractor and ground drilling and logistical operations HAVE COMMENCED.
Has the drilling started?

gibby - 12 Aug 2011 14:03 - 1503 of 5221

dc mate my friends work in somalia ex sas its going well pardon the pun lol

dreamcatcher - 12 Aug 2011 14:05 - 1504 of 5221

What do you make of my 1502 post gibby

gibby - 12 Aug 2011 14:13 - 1505 of 5221

good read

http://www.iii.co.uk/investment/detail?code=cotn:RRL.L&display=news

dreamcatcher - 12 Aug 2011 14:18 - 1506 of 5221

No, it reads that drilling has commenced ?

3 monkies - 12 Aug 2011 15:14 - 1507 of 5221

I can't help you dc as my computer says web page not found.

skinny - 12 Aug 2011 15:17 - 1508 of 5221

3M Try this.

dreamcatcher - 12 Aug 2011 15:18 - 1509 of 5221

Im thinking that Africa oils rns is confusing. 3 monkies. Its been said on another thread as well

dreamcatcher - 12 Aug 2011 15:19 - 1510 of 5221

Thanks skinny.

3 monkies - 12 Aug 2011 15:30 - 1511 of 5221

Thanks skinny that was easy. I don't need confusing dc am confused enough ha!

gibby - 12 Aug 2011 19:41 - 1512 of 5221

lol

http://www.youtube.com/watch?v=lWAl3_JUtak&feature=related

gibby - 12 Aug 2011 20:02 - 1513 of 5221

http://www.youtube.com/watch?v=EJguBx598Ac&feature=fvst
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