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Range Resources Ltd (RRL)     

dreamcatcher - 19 Feb 2013 19:28




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

Free counters!

Chart.aspx?Provider=EODIntra&Code=RRL&SiChart.aspx?Provider=EODIntra&Code=RRL&SiChart.aspx?Provider=EODIntra&Code=RRL&Si

kimoldfield - 05 Nov 2013 22:08 - 191 of 424

More excitement on the way DC?! :o)

dreamcatcher - 06 Nov 2013 16:35 - 192 of 424

Lol, kim is that what you call it.

kimoldfield - 06 Nov 2013 21:39 - 193 of 424

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

gibby - 06 Nov 2013 22:07 - 194 of 424

lols kim! but agreed

gl

mitzy - 19 Nov 2013 18:25 - 195 of 424

Chart.aspx?Provider=EODIntra&Code=RRL&Si

could they go sub 1p.

HARRYCAT - 21 Nov 2013 08:17 - 196 of 424

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.

scimitar - 22 Nov 2013 15:49 - 197 of 424

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 :))

kimoldfield - 24 Nov 2013 12:58 - 198 of 424

Lol!

HARRYCAT - 26 Nov 2013 08:33 - 199 of 424

Trinidad update:

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

deltazero - 26 Nov 2013 12:39 - 200 of 424

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

deltazero - 26 Nov 2013 12:55 - 201 of 424

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

HARRYCAT - 17 Dec 2013 07:49 - 202 of 424

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.

deltazero - 17 Dec 2013 08:03 - 203 of 424

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)

HARRYCAT - 17 Dec 2013 08:06 - 204 of 424

moving fast.................What is?

HARRYCAT - 19 Dec 2013 08:00 - 205 of 424

StockMarketWire.com
Range Resources Limited has received Certificate of Environmental Clearance (CEC) approvals from the regulatory authorities for the drilling of a total of 40 wells, 8 well deepenings and commencement of the enhanced recovery waterflood programme (EOR) on its Beach Marcelle license in Trinidad.

"This is a significant milestone for the Company and now paves the way for final project plans for the development/deepening wells and EOR programs to be submitted to the regulatory authorities for final formal approval with operations scheduled to commence Q1 2014," the company said in a statement.

Whist awaiting the CEC approvals, Range had completed the Beach project development plans and recently presented its waterflood development program to Petrotrin.

As previously announced, Range was also assessing the potential use of nitrogen injection to further assist recoveries and production rates.

Nitrogen injection would increase production rates and recoveries from the field whole leading to additional increases in Proved Reserves.

HARRYCAT - 08 Jan 2014 11:15 - 206 of 424

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:

- The Harold Lee 500 rig now set up on the Atzam #5 drill pad, following the recent completion of location site works
- The rig's drilling mast is set in place, with auxiliary equipment now being connected to the rig to enable commencement of drilling operations
- The rig is expected to be drilling ahead towards the initial reservoir targets in 3-4 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 reservoir targets as the Atzam #4 production well - 2.3m barrels of 2P reserves which excludes the C18 and C19 carbonate sections in Atzam #4
- Atzam #4 continues to be produced on a highly restricted choke (12/64 inch) to manage the reservoir integrity, still with no water production to date
- Significant exploration potential on Atzam Oil Field - unexplored salt dome and anticline structures to be evaluated and tested through 2014

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

deltazero - 10 Jan 2014 15:36 - 207 of 424

rns rns rns - texas to complete by end jan,,,,,,,,,,,,,,,,,,,,,,,,,,,

north here we go,,,,,,,,,,,,,,,,,,,
extract

Following
recent communication from the purchaser, they have now indicated that they
expect to be in a position to complete on or about the end of January 2014.

HARRYCAT - 10 Jan 2014 15:57 - 208 of 424

StockMarketWire.com
Range Resources expects to complete the $30m sale of its Texas assets on or about the end of the month.

Range previously agreed an ongoing extension of the settlement timeframe for the sale of these assets to accommodate further payment delays requested by the purchaser.

Range understands that the delays in receiving the proceeds from the sale have largely been a result of unanticipated changes required for corporate restructuring by the purchaser, which have taken significantly longer than expected to resolve.

Range says the purchaser has now indicated it expects to be in a position to complete on or about the end of January.

HARRYCAT - 15 Jan 2014 08:04 - 209 of 424

Guatemala Update
Range Resources Limited 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:

- Atzam #5 oil well has been spudded - Latin American Resources Harold Lee 500
rig is drilling ahead towards the well's initial reservoir targets

- Drilling schedule for Atzam #5 is approximately 40 days on a trouble free
basis, to a planned target depth of 4,100 feet

- Primary reservoir targets are the C17, C18 and C19 carbonates

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

- Increased Atzam #4 production well flow rate following opening of choke-
flow rate increased to 150 bopd immediately following small increase in the
choke size (12/64 to 16/64 inch), still with no water production to date

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

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

skinny - 28 Jan 2014 07:52 - 210 of 424

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:

- Atzam #5 oil well was spudded on 15 January and is drilling on schedule,
currently at 431 ft

- Initial drilling program progressing as planned through shallow, hard
limestone section

- Drilling schedule is approximately 40 days on a trouble free basis, to a
planned TD of 4,100 ft

- Primary reservoir targets are the C17, C18 and C19 carbonates - expected
to be drilled through from circa 2,700 ft

- Atzam #5 well targeting the same carbonate reservoir targets as the
Atzam #4 production well - 2.3m barrels of 2P reserves excluding the Atzam
#4 primary C18 and C19 carbonate sections

- Atzam #4 production continues at ~150 bopd from C17 carbonate section -
following increased choke (16/64ths) production rate and well head pressure
constant after 2 weeks, no water production

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

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