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Range Resources Ltd - One for 2011 (RRL)     

Proselenes - 10 Dec 2010 13:31

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3 monkies - 19 Aug 2011 17:07 - 1667 of 5221

You lucky person, may long it continue. I daren't look to see what I am down overall and am not going to ruin my weekend by looking either. Have a good one and see what next week brings eh!

dreamcatcher - 19 Aug 2011 17:20 - 1668 of 5221

Just got back with the dog. Just looked at the tea leaves September looking better.
Have a good weekend 3 monkies.

dreamcatcher - 19 Aug 2011 17:35 - 1669 of 5221

Oil prices edge up as US equities rebound
3:56 pm by Sergei Balashov
http://www.proactiveinvestors.co.uk/companies/news/32164/oil-prices-edge-up-as-us-equities-rebound-32164.html

Oil prices rebounded this afternoon as traders started pouring money back into stock markets following Thursdays major sell-off that saw the Dow Jones index in the US shed more than 400 points. Investors jumped on the opportunity to buy stocks at bargain prices after equities extended losses this morning.

Commodities tracked movements in stock markets today with oil futures rallying above US$83 per barrel in the US after equities rebounded, while Brent crawled closer to US$110.

Movements in currency markets have also been favourable for crude oil futures today. The US dollar dropped against other major currencies as demand for safe haven assets faded closer to mid afternoon.

Weakness in the US dollar lifts demand for the dollar denominated crude by making it cheaper for holders of other currencies.

US benchmark crude plunged below US$80 yesterday after the crash in US markets, while facing more pressure from Wednesdays inventories report. The Department of Energy said that crude oil stockpiles added a massive 4.2 million barrels, a sign that oil demand in the US was weak.

US light, sweet crude for October delivery climbed 68 cents to US$83.19/barrel in morning trade on the New York Mercantile Exchange (NYMEX).

gibby - 19 Aug 2011 17:44 - 1670 of 5221

have a good weekend all
salute / best wishes

dreamcatcher - 20 Aug 2011 08:10 - 1671 of 5221

Today is day 38 of the Georgia drill since spud.
At the Maukhiani 1 well we are targeting 115 million barrels,
at a drill depth of 3500mtrs.
Ranges interest being 46 million barrels - 40% interest.
We have just gone by the 10 day update, so there should be
news early next week.

gibby - 20 Aug 2011 12:09 - 1672 of 5221

good stuff dc
like you i am very confident
in one of my words - kerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrchinnnnnnnnnnnnnnnnnnnngggggggggggg
have a good one

dreamcatcher - 20 Aug 2011 12:35 - 1673 of 5221

Should be a lot of updates next week, have a good weekend.

dreamcatcher - 20 Aug 2011 14:53 - 1674 of 5221

If we hit oil in Puntland I gather it will piped to the Berbera port, north east Somalia
on the golf coast of arden. They provide pipelines, refinery and port facilities.

dreamcatcher - 20 Aug 2011 14:58 - 1675 of 5221

Oil storage facility at Berbera





dreamcatcher - 20 Aug 2011 15:26 - 1676 of 5221

Very much sounds like all facilities are in place.

dreamcatcher - 20 Aug 2011 16:11 - 1677 of 5221

http://www.ezega.com/News/NewsDetails.aspx?Page=heads&NewsID=3015

gibby - 20 Aug 2011 16:14 - 1678 of 5221

infrastructue read and waiting - local militia on board
good stuff
sp is an iis dream even the traders
no caveats
ideal

gibby - 20 Aug 2011 16:16 - 1679 of 5221

better than fi oilies by a miile
on shore mainly here and some off shore
not miles deep in the ocean
yeeeeeeeeehaaaaaaaaaaaaaaa

dreamcatcher - 20 Aug 2011 16:17 - 1680 of 5221

gibby, if a share is suspended ie xtr does it carry on behind the scenes. The company suspended this due to takeover and i read the sp rose yesterday?

dreamcatcher - 20 Aug 2011 16:17 - 1681 of 5221

I have got the right port?

gibby - 20 Aug 2011 16:21 - 1682 of 5221

dc work carries on normally and usually will be worth more
only administration can be awkward
suspension means little normally just more news on the way

dreamcatcher - 20 Aug 2011 16:22 - 1683 of 5221

gibby, gather you do not hold rkh?

dreamcatcher - 20 Aug 2011 16:25 - 1684 of 5221

Thanks for your post 1682, So investors are wrong thinking the sp was protected from the last awful couple of weeks.

gibby - 20 Aug 2011 16:25 - 1685 of 5221

lol stop worrying

http://www.rangeresources.com.au/gallery/puntland/

gibby - 20 Aug 2011 16:26 - 1686 of 5221

dc i was rkh and other fis
sold up and moved on mate
previous gkp and others
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