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.


http://www.rangeresources.co.uk/about.asp

So basically junk stock? What a hopeless company. Never delivered. Jam tomorrow and of course, tomorrow never comes!

StockMarketWire.com
Range Resources is considering a range of corporate alternatives to its proposed merger with International Petroleum.

This follows International Petroleum entering into two binding conditional terms sheets for the sale of its assets in Kazakhstan and Russia for US$60m.

Range announced the proposed merger with International Petroleum in April. Range said this was likely to be conducted as an off-market takeover offer by Range to International Petroleum shareholders.

In conjunction with the proposed merger Range has advanced US$8m in secured loan financing to International Petroleum.

Range said that while the sale process for the Russian assets was known to and supported by the Range board, the final terms of the proposed transaction, and the sale of the Kazakhstan assets have only now been defined.

It adds: "As a result of clarity on the sale of these assets, the likely proceeds from this sale and the associated shift in focus of International Petroleum to its African assets, Range will now identify and consider a range of corporate alternatives to the original merger proposal, which may or may not include a merger of the two companies - albeit on terms to be renegotiated."

StockMarketWire.com
Range Resources Limited notes the announcement by Citation Resources Limited today regarding its interest in Guatemala. Range has a direct and indirect 32% interest in the Guatemalan Project.

The highlights are as follows:

- Atzam #5 development well to spud in November - construction of drilling location significantly advanced after heavy late season rains during September and early October

- Atzam #4 continues on production - strong flow rates and well head pressure maintained (250-300 psi) on highly restricted choke (12/64 inch), with no water production to date

- New sales contract for 1,500 barrels completed with Perenco Guatemala

- Total sales exceeding of 13,000 barrels completed since August

- Revenue netbacks received of approximately $60 per barrel

- 20mmbbl 2C contingent resource estimate under review following Atzam #4 success

- Material exploration upside at Atzam - unexplored salt dome and anticline structures to be evaluated and tested in 2014

- Planning for Tortugas Salt Dome re-entry operations on 63-4 and 63-5 wells are advancing with the Operator and relevant service providers.

Annual Report and Notice of Meeting

Comapny Update

And down it goes. More Jam tomorrow.

Quarterly Activities Report and Appendix 5B

http://www.moneyam.com/action/news/showArticle?id=4697437

Range Prepares for Seismic in Puntland

Monday, November 4, 2013


http://www.petroleumafrica.com/range-prepares-for-seismic-in-puntland

More excitement on the way DC?! :o)

Lol, kim is that what you call it.

Haha! Maybe it will be more cr*p then?!

lols kim! but agreed

gl

could they go sub 1p.

Guatemala Update
Range Resources Limited ("Range" or "the Company") would like to draw attention to the announcement released today by Citation Resources Limited (ASX:CTR) with respect to the Company's interest in Guatemala with the following highlights:

- Construction of the Atzam #5 drilling location has been completed and the
well conductor casing is now set down to 100 feet

- The Harold Lee 500 drilling rig is being mobilized to location and will be
drilling ahead towards initial reservoir targets in next few days

- Drilling schedule for Atzam #5 is 40 days to total depth target of 4,100
feet

- Primary reservoir targets are the C17, C18 and C19 carbonate sections

- Atzam #5 well to target the same carbonate reservoirs as Atzam #4 production
well - 2.3m barrels of 2P reserves which excludes the C18 and C19 carbonates

- Atzam #4 production continues on a highly restricted choke (12/64 inch),
with no water production to date

- Significant exploration potential on Atzam Oil Field - unexplored
salt dome and anticline structures to be evaluated and tested in 2014


Range has a direct and indirect 32% interest in the Guatemalan Project.

Why don t they rename this company FFS? Thats what comes to mind every time I read their c**p [sorry - press/RNS releases]. LOL :))

Lol!

Trinidad update:

http://www.moneyam.com/action/news/showArticle?id=4712651

more jam tomorrow - maybe they should rename rrl hartleys or Robinsons or something similar - red again

bit of a mini bounce by the looks....

StockMarketWire.com
Range Resources Limited said the farm-in agreement has now been formally executed with Niko Resources Ltd, the Canadian exploration and development company, regarding the Guayaguayare block in Trinidad.

Range would increase its Trinidad footprint by 280,000 gross acres through the formal execution of a farm-in with Niko Resources. The Farm-in provides Range with broad exposure to both onshore and offshore potential with excellent synergies between Range's three existing blocks and the Guayaguayare block.

The farm-in agreement was subject to final regulatory approval.

Under the terms, Range would earn 50% of Niko's existing interests in the deep and shallow rights covering both onshore and offshore areas.

The consortium would drill two onshore wells: one shallow onshore well to a maximum of 5,000 ft., and one deep onshore well to a minimum of 5,000 ft.

The two onshore wells would test approximately 22% of the prospective resource estimate with the wells to be drilled in the vicinity of the Beach Marcelle Field.

The Beach field itself has produced over 30 MMbo to date. In the event of a discovery from either of the two initial wells, the consortium will then look to drill an initial appraisal well. The first well is targeted to spud in early 2014.

fantastic news - moving fast.................


17 December 2013


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

Range completes farm-in agreement with Niko Resources

Highlights:

- Range increases its Trinidad footprint by 280,000 gross acres through
the formal execution of a farm-in with Niko Resources Ltd. on the
Guayaguayare block in Trinidad;

- The Farm-in provides Range with broad exposure to both onshore and
offshore potential with excellent synergies between Range's three existing
blocks and the Guayaguayare block;

- Range to gain exposure to both shallow and deep oil-producing horizons
within the Guayaguayare block, including the highly prospective Cretaceous
section, believed to be the source rock for Trinidad's prolific
onshore petroleum system; and

- Multiple onshore areas within the Guayaguayare block represent (on a 100%
interest basis) a best case prospective resource of approximately 100 MMbo,
while the offshore areas have a best case prospective resource of 33 MMboe.

Range Resources Limited ("Range" or "the Company") is pleased to
announce that further to its announcement on 4 July 2013, the farm-in
agreement has now been formally executed with Niko Resources Ltd. ("Niko")
(TSX:NKO) the leading Canadian exploration and development company, regarding
the Guayaguayare Block in Trinidad. The farm-in agreement is subject to final
regulatory approval.

Under the terms of the farm-in agreements, Range will earn 50% of
Niko's existing interests in the deep and shallow rights covering both onshore
and offshore areas, with the consortium to drill two onshore wells: one
shallow onshore well to a maximum of 5,000 ft., and one deep onshore well to a
minimum of 5,000 ft. The two onshore wells will test approximately 22% of the
prospective resource estimate with the wells to be drilled in the vicinity of
the Beach Marcelle Field. The Beach field itself has produced over 30 MMbo to
date. In the event of a discovery from either of the two initial wells, the
consortium will then look to drill an initial appraisal well. The first well
is targeted to spud in early 2014.

Range will fund the two onshore wells and the potential initial
appraisal well at its sole expense, and will share costs equally with Niko
thereafter, including the cost of drilling an initial offshore test. Expected
to be drilled from an onshore location, the offshore well will test a prospect
that targets the 33 MMboe best case (on a 100% interest basis) prospective
resource.

The Guayaguayare Block represents the largest addition to Range's
Trinidad portfolio to date, increasing the Company's acreage position by more
than 280,000 acres. With several producing fields within the block boundaries,
including the Company's own Beach Marcelle Field, the Guayaguayare Block
combines shallow drilling targets with significant exploration potential and
an expansive area within a highly prolific petroleum system. With several
highimpact prospects already identified on the block.

The farmin presents Range with a perfect opportunity to add
highly prospective acreage on trend with its existing exploration, development
and secondary recovery projects, while leveraging its fleet of drilling and
production rigs and operating experience within the region. Given the
Company's ongoing production operations in South Quarry, Morne Diablo, and
Beach Marcelle, Range is uniquely positioned to operate future discoveries,
both on or offshore, which in turn should result in appreciable synergies and
lower operating costs.

The Guayaguayare Block Overview

The Block surrounds Range's Beach Marcelle Field, and extends south
to the limits of Trinidad's territorial waters. In addition to proven
Tertiaryage exploration targets, the block is believed to hold significant
potential in the Cretaceous section, which has been successfully developed in
the Eastern Venezuelan basin. Four prospective onshore areas have been
identified within the Guayaguayare Block, each considered to have significant
potential for oil, whilst the offshore structural complex is believed to have
significant potential for large gas discoveries with several large structures
mapped.

Niko currently holds shallow and deep Production Sharing Contracts
for 65% of the onshore portion (Range to earn 32.5% on a cost recoverable
basis) and 80% of the offshore portion (Range to earn 40% on a cost
recoverable basis) of the license area with the Guayaguayare Block comprising
280,216 shallow acres and 294,054 deep acres. Trinidad's State Owned petroleum
company, Petrotrin, holds the remaining balance of the interests (35% onshore
and 20% offshore).

The Guayaguayare Block is comprised of over 280,000 contiguous
acres covering both onshore and offshore portions of known, productive trends
along the southern coast of Trinidad. The Guayaguayare block is situated along
trend with the most prolific oil and gas fields in Trinidad and lies in the
transition area between the transpressional Southern basin and the extensional
Columbus basin. A regional wrench fault, an extension of the Los Bajos fault,
cuts through the onshore to offshore transition zone. Traps associated with
this fault produce oil in Southwest Trinidad and off the East Coast from Upper
Miocene / Pliocene Sands.

To date, the following work has been completed by Niko and previous
operators on the block:

Onshore:

- Acquired and processed 217km2 3D land survey

Offshore:

- Acquired and processed 277km2 3D marine survey (2011)

- Two 3D marine surveys were reprocessed (ELF 1997 and Mobil 1990)

- All 3 offshore 3D surveys have been merged prestack (total 836 km2)