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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

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.

mitzy - 14 Feb 2014 10:32 - 211 of 424

Sub 1p is possible.

mitzy - 19 Feb 2014 19:27 - 212 of 424

Sub 1p today.

3 monkies - 19 Feb 2014 21:11 - 213 of 424

Next step probably bang and it will be gone.

skinny - 21 Feb 2014 07:06 - 214 of 424

Trinidad Operations Update

The Company is pleased to provide an update on operations at its
Trinidad assets with the following highlights:

- Drilling rigs 2, 5 and 8 resume operations:

- QUN 148 well drilled to a target depth of 691 feet in the Lower
Forest horizon. Oil shows were observed while drilling and well log analysis
indicates 30 feet of oil sands present. The well is currently scheduled to be
perforated and completed for production. The drilling rig will now move to the
next QUN 149 well location.

- QU 452 well drilled to a target depth of 1,814 feet. The well was
logged indicating 80 feet of gross oil sands. The Company will now drill the
well deeper until the base of the reservoir sands is reached. QU 452 is the
first well to be drilled in South Quarry since 2007. The well is expected to
extend the field's Middle Cruse producing trend into new fault blocks. A
successful well will result in additional Proved Reserves and future drilling
locations.

- MD 248 well is being prepared for side tracking from 3,234 feet
targeting the Lower Cruse formation.

- Zero safety incidents since September 2013, approaching six
months LTI-free operations

- The maintenance programme for light rig 1 and heavy rigs 6 & 7
continues as planned

Rory Scott Russell, CEO, commented:

"Having reviewed our Trinidad operations, I am pleased to see that
our drilling services company is now back to satisfactory operational levels,
with key rigs up and running and drilling wells safely and efficiently. I have
confidence in our operations and in the team on the ground who will continue
to work on addressing production decline and unlocking value via our
development activities."

skinny - 21 Feb 2014 14:06 - 215 of 424

A bit of a tick up today - the last lot of these I sold was @16p - tempted to have a punt.

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

skinny - 21 Feb 2014 14:22 - 216 of 424

In auction +21.9%.

Chris Carson - 21 Feb 2014 23:25 - 217 of 424

Do you think either of us will live that long skinny? I'm stuck with these from 9p :O)

skinny - 24 Feb 2014 11:55 - 218 of 424

Chris - I bought @5p, 5.94p, & 8.8p and sold 16.25p so not complaining.

I bought a few on Friday - let's see what happens!

3 monkies - 24 Feb 2014 11:57 - 219 of 424

You certainly had sense skinny - as you know, myself and lots of others are stuck here good style. GL with your new purchase.

skinny - 24 Feb 2014 12:13 - 220 of 424

3m - thanks - but it was of course - luck.

mitzy - 17 Mar 2014 09:03 - 221 of 424

Could go bust at this time.

mitzy - 19 Mar 2014 09:20 - 222 of 424

As an investment its a sell.

HARRYCAT - 22 Apr 2014 07:41 - 223 of 424

Range wishes to provide the following update on the Company's corporate and operational activities:
http://www.moneyam.com/action/news/showArticle?id=4795549

HARRYCAT - 30 Apr 2014 10:10 - 224 of 424

Guatemala Update
Range 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 well has been successfully drilled to its planned total depth of 4,025 feet intersecting the lower C18, C19 and Coban D reservoir sections on structure

- Material oil and gas shows continually generated at surface from drilling final carbonate sections despite heavy mud weight used (9.5lbs) to maintain good hole condition

- Atzam #5 well is confirmed at TD structurally high to Atzam #4 (~66 feet) and Atzam #2 (~320 feet)

- Atzam #2 recorded initial flow rates in excess of 1,000 bopd from the primary C18, C19 and Coban D carbonate sections

- Electric logging suite to be run from 3,600 feet to 4,025 feet to evaluate primary carbonate reservoir sections - due to commence within 24 hours

- Flow testing program to start immediately following Schlumberger analysis on full suite of electric logs across all carbonate reservoir sections identified in Atzam #5

- Results of Schlumberger detailed logging evaluation expected within 7 days

- Interpretation by the Operator of initial logs run down to upper C18 carbonate sections at 3,600 feet indicated multiple potential pay zones starting from the C13 carbonates

- Logging indicates highly fractured potential reservoir sections- fracturing in carbonates normally provides assistance to flow rates

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

mitzy - 30 Apr 2014 13:59 - 225 of 424

Turning upwards time to buy..?

skinny - 30 Apr 2014 14:08 - 226 of 424

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