.

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Yes Dc, hopefully can hold the gains, and if get RNS in morning all the better..

Agree gb, steady 50,000 buys nice.

http://www.proactiveinvestors.co.uk/companies/news/32577/

Nice to see some blue today.

loes pictures from lse, Rigs 1 and 2 on location in TT



http://www.screencast.com/t/miNT5JlQiulf

Thanks too young money on interactive ii. Stand to be corrected but am sure JR is the largest private holder of rrl shares.So it appears TT is moving.


As per JR on the RUM board earlier today:

Third well in TT is not completed

2nd will reach TD tomorrow

3rd will reach TD early next week

RRL up 5.56% on the ASX

Some very large buys in the last hour. Talk of news tomorrow.

Lets hope so.

yes noticed those buys

i would not want to be out of rrl overnight!

gla

;

/

'

The next piece of the Range puzzle is in place . We are an investor in Tangiers
Petroleum. Range has subscribed for 5,000,000 shares at 40c share, for a total placement of $2,000,000. Funds used to fund Tangiers proposed AIM admission and suppliment the company working cap. Pete pulls another bunny from the hat. All great news.

/

I bet in time we will increase our share,as we sell other assets off. Fantastic news. More news today and we will be rocking.

/

morning dc - indeed tp is real good news - underpins rrl even more
other news will follow soon i am sure of that
have a good day

Friday 02 September, 2011Range Resources LTD
Strategic investment in Tangiers Petroleum Limited

2 September 2011


The Manager
Company Announcements
Australian Securities Exchange Limited
Level 6, 20 Bridge Street
Sydney NSW 2000


By e-lodgement

Strategic investment (AUD$2m) in Tangiers Petroleum Limited (ASX:TPT)

Range Resources Limited ("Range" or "the Company", AIM:RRL, ASX:RRS) is pleased
to advise that it has made a strategic investment in Tangiers Petroleum Limited
("Tangiers", ASX:TPT). Tangiers is an ASX listed exploration company which has
a portfolio of two potentially world class oil and gas projects located in
Morocco and Australia.

Tangiers Moroccan assets include the highly prospective offshore Tarfaya block.
Netherland, Sewell & Associates conducted an independent review of the first
four prospects on this block and concluded a best estimate prospective resource
of approximately 870 Million Barrels (652 Million Barrels attributable to
Tangiers), and a high estimate of almost 5 Billion Barrels (almost 3.75 Billion
Barrels attributable to Tangiers).

Tangiers has since mapped numerous other prospects in Tarfaya which will
significantly add to the existing prospective resource estimates. Tangiers
holds 75% equity in Tarfaya and intends to farm down its interests in the near
term. It is anticipated that a 3D campaign and two wells will be drilled in
2012.

In Australia Tangiers holds a 90% interest in the significant Nova and Super
Nova gas prospects located offshore Northern Australia. These structures are
extremely large with a physical closure of approximately 240KM2 each. Initial
volumetrics indicate a P90 (low) estimate of the total undiscovered unrisked
gas-in-place of 70 Tcf (63 Tcf attributable to Tangiers) for the combined
structures. These structures are located near an existing and proposed LNG
terminal in Darwin in what is regarded as a growing global gas and LNG hub.
Tangiers expects to acquire further seismic and drill two wells in Australia in
2012.

Due to strong European investor interest Tangiers is planning to dual list on
the AIM market during 2011. RFC Corporate Finance has recently been appointed
as the company's Nomad and planning is well underway.

Range has subscribed for 5 million shares at AUD $0.40 for a placement of
AUD$2m, representing 5.7% of Tangiers expanded issued share capital.

More details on Tangiers Petroleum can be found at www.tangierspetroleum.com.

Peter Landau, Executive Director of Range commented "Tangiers has an
outstanding portfolio of extremely high impact assets. Any farm out and/or
drilling success will lead to a very material uplift in value. Range's equity
exposure to Tangiers offshore portfolio is a nice add on for the Company."

Yours faithfully

Peter Landau
Executive Director

Ends