.

good steady news - no complaints

Yet!! :O)

.

Sorry m not my intention, looking at the above chart I cannot get to excited and be glued to sp when there is volume of over 25 mill and it rises a fraction of a penny. I own a few of these @ 9.5 (occassionally I think I must have been pissed at the time) but I accept this is a long term investment. :O)

.

M - Ditto

Friday 18 November, 2011Range Resources LTD
490% P1 Reserve Upgrade in Trinidad & Opera...

18 November 2011


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


By e-lodgement

490% P1 RESERVE UPGRADE IN TRINIDAD AND OPERATIONAL UPDATE

HIGHLIGHTS

* Increase in Proved (P1) Reserves in Trinidad by 490% from 2.6 Mmbbls to
15.4 Mmbbls

* The 12.8 Mmbbls increase in Proved (P1) Reserves has independent valuation
(PV10) of approximately US$ 290MM

* Proposed production program (from new reserves) of 1m-1.5m bbls per year
for a minimum of 8 years

Range Resources Limited ("Range" or "the Company") is pleased to announce that
under the Beach Marcelle Incremental Production Service Contract ("IPSC"), its
wholly owned subsidiary Los Bajos Oil Limited has with Petrotrin established P1
reserves of 12.8 million barrels of oil based on extensive independent
engineering studies of its mature oil fields in Trinidad. It should be noted
that under the IPSC, in ground reserves belong to Petrotrin. The reserves are
then able to be economically developed and exploited by the Contract partner
pursuant to an agreed work program.

This increase in reserves follows the recently completed engineering studies of
secondary recovery potential in the Company's Beach Marcelle Block. Range,
through its wholly owned subsidiary Los Bajos Oil Limited will seek all
necessary approvals to commence development in early 2012 and commit to a $12m
development program over the next 12-18 months.

The engineering review, performed by the Company's Dallas-based reserve auditor
Forrest A. Garb & Associates ("Forrest Garb"), confirmed that significant
volumes of crude remain in the Beach Marcelle field that are expected to be
recoverable using standard secondary recovery techniques such as water
flooding. The water flood program has been engineered to produce approximately
1m to 1.5m barrels per year for the first 8 years following initial production
and has an attributable valuation of approximately US$290MM (PV10) as
determined by Forest Garb taking into account all relevant project economics
(capital and operating expenditure, production taxes and royalties, and a US$85
per barrel WTI crude oil price).

Range Resources Managing Director Peter Landau commented "we are extremely
delighted with the addition of around 13 million barrels of recoverable oil to
the Trinidad Project. Adding 1 - 1.5m barrels per year of production for the
first 8 years, whilst not impacting on our other production and exploration
initiatives already in place is a significant boost to the Range portfolio.

The development programme to bring these reserves into production will be a key
near term focus for Range. This Project will result in the creation of
significant local work opportunities and skills development."

"It should also be noted that these new proven (P1) reserves are in addition to
the previously reported P1-P3 reserves and Prospective Resources inventory that
Range currently holds on its Trinidad assets, hence the enormous significance
and value that these reserves on the Beach Marcelle Block represent".

Texas - North Chapman Ranch

Range and its partners are drilling ahead at approximately 12,700 ft. in the
Smith #2 well in North Chapman Ranch, after successfully setting intermediate
casing at 11,300 ft. Prior to reaching casing point, two zones of interest were
identified that may be tested at a later date. TD for the well is 14,000 ft. If
successful the Smith #2 well would increase Proved Reserves, production, and
cash flow from the field.

In addition to the Smith #2 well, site preparation is underway at the Albrecht
#1 well location. The Albrecht well is intended to more fully appraise the
North Chapman Ranch field, while testing additional, shallower objectives. The
well is expected to spud immediately after operations have been completed on
the Smith #2 well.

Texas - East Texas Cotton Valley

In the Company's East Texas Cotton Valley prospect, testing continues on the
Ross 3H horizontal well, as individual zones are perforated and swabbed in to
check fluid content prior to any hydraulic fracturing. The Ross 3H well was
drilled to a total measured depth of 8,500 ft. and showed good evidence of
reservoir quality rock and oil saturation while drilling.

Georgia

Operations are currently suspended on the Mukhiani well with the rig on standby
with a skeleton crew as the Company awaits final technical analysis on the
well. The Company will provide an update as to the results as soon as they are
finalised, which is expected shortly. If a decision to move is made, it is
expected the second well in the Georgian exploration program will spud within a
4-6 week period.

Puntland

Joint venture operator Horn Petroleum continues with significant set up
operations for the initial well in the proposed two well programme in Puntland
and remains on track for spudding later this year.


Yours faithfully


Peter Landau
Executive Director

Ends

dc, yes very impressive upgrade and still plenty to come from T&T:: "It should also be noted that these new proven (P1) reserves are in addition to the previously reported P1-P3 reserves and Prospective Resources inventory".. Shame the markets arn't allowing the s/p to reflect this news..

Yep god news gb, hold and wait me.

I am waiting for the TT Herrera wells of 20 to 120 mmbbls, 12 or 13 of them.

OPERATIONS UPDATE

Range Resources Limited ("Range" or "the Company") is pleased to announce the
following operations update with respect to the Company's interests in Georgia,
Texas and Puntland. A Trinidad operational update will be released once
necessary regulatory approval is received which is anticipated later this week.

Georgia

The re-interpretation of the seismic supported by the Mukhiani-1 Vertical
Seismic Profile ("VSP") results indicates that the well encountered previously
unrecognized faults which led to possible basement being encountered far
earlier than predicted. New fault trap and stratigraphic trapping potential has
been identified in the vicinity of the well and based on these findings, Range
and its partners have the option to side-track and test these targets. However,
the Company and its partners have decided that, based on its exploration
schedule and the availability of the drilling rig, it will continue on the next
proposed Kursebi well.

As a result, Range will suspend the well and move the rig to the next proposed
well site. The Kursebi well is targeting separate geological structures from
the Vani area, with the Kursebi target having been identified using different
seismic lines for interpretation purposes. With additional seismic planned for
Block VIb in Q2 next year, the Company has decided also to complete a further
seismic tie in line over Mukhiani-1 to assist with the proposed side-track well
to be completed in the second half of 2012 along with a well on Block VIb in Q1
2013.

Texas - North Chapman Ranch

Drilling continues at 13,800ft on the Smith #2 well with a proposed target
depth of 14,500 ft. Good hydrocarbons shows have been recorded in the objective
Howell Hight section which will be flow tested following TD. Upon the
successful completion of the Smith #2 well, the rig is will move directly to
the Albrecht #1 well site, with site construction having been recently
completed in readiness to receive the rig. At this stage the Smith #2 has
performed in line with Company expectations for the development well.


Puntland

In Puntland, Horn Petroleum Corp. ("Horn") is currently in final preparations
to commence a two well drilling campaign in the Dharoor Valley Block, with the
first well (Shabeel-1) planned to spud in December 2011. Drilling locations
have been selected over two robust prospects targeting gross best estimated
prospective resources of over 300 million barrels each, based on internal
operator estimates.

Horn has completed sourcing drilling related materials and the majority of
materials are on site or on route to the drilling site. Site preparation
including the drill site, air strip and ingress route construction have been
completed. Water wells are currently being drilled to provide source water for
drilling operations.

Shareholder Presentation Evening

Range Resources will be hosting a London presentation evening on Monday, 5th
December at 6.00pm to update shareholders on current activities and the work
program for 2012.

Attendance is by registration only as venue location size is limited. Please
email events@okapventures.co.uk for RSVP and details.

In auction. +9.4%

Results of AGM

Letter to Option Holders.

Company Presentation
PRNW



6 December 2011

The Manager

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

By e-lodgement

INVESTOR PRESENTATION

Range Resources Limited ("Range" or "the Company") is pleased to advise that a
copy of the investor presentation recently given in the UK is available on the
Company's website and also the ASX website - www.asx.com.au

Yours faithfully

Peter Landau

Executive Director

ABN 88 002 522 009
www.rangeresources.com.au


ABN 88 002 522 009
www.rangeresources.com.au


London

Suite 1A, Prince's House, 38 Jermyn Street,
London SW1 6DN

t: +44 (0)207 025 7040, f: +44 207 287 8028

Australia

Ground Floor, 1 Havelock Street,
West Perth WA 6005, Australia

t: +61 8 9488 5220, f: +61 8 9324 2400

e: admin@rangeresources.com.au



END

Company presentation.

http://www.rangeresources.com.au/fileadmin/user_upload/asx/612Company_Presentation.pdf

Panmure Gordon broker view



http://investing.thisismoney.co.uk/broker-views/

Panmure today recommended investors to buy Range Resources, while giving it a 13.8 pence per share target price.

At the current price of 8.25p Range shares offer investors undemanding leverage to producing fields and frontier exploration plays, says analyst Leila Reddy.

Range is underpinned by 2P reserves of 25 million barrels, an active development programme which aims at tripling the current 680 barrels a day production volumes and the spudding of its second well in Georgia and Puntland by early 2012, the analyst said in a note to clients.

At current levels, this attractive mix of high margin production combined with high impact high risk exploration upside, with an unrisked net asset value (NAV) 37.9p/share, offers an opportune entry point.

Back in April, Range acquired a 90 per cent stake in three producing oilfields in Trinidad in exchange for US$52 million and 35.8 million shares. The company is now working to expand and develop the Trinidad operations.

Reddy says the transaction has transformed the group from pure exploration to one that includes flowing barrels.

Looking ahead to the coming year Reddy says that a step-up in production to the 1,400-1,800 barrels a day level in the first quarter will be a key milestone.

That will be followed by a fully funded 21-well development programme, she said. The analyst expects production to reach at least 4,000 barrels a day by 2014.

StockMarketWire.com
Range Resources has obtained the necessary Trinidadian authority approvals and has successfully completed the drilling of its first rig in the Lower Forest Sands.

Following the drilling of the well to target depth, casing was set to 975 ft and the well then turned to production, with initial natural pressure flow rates of 50 bopd which has exceeded the company's targeted rates on the shallow 1,000ft wells of 15-30 bopd.

The second rig has reached the extended target depth with good oil sands and oil shows encountered approximately between 560-830 feet and 2220-2300 feet.

The initial results from this well look to have extended the Lower Forest and Upper Cruse trend to the east of existing wells and confirmed the predictions that the current well programme would extend the existing fields.

Operational Update
PRNW



9 December 2011

The Manager

Company Announcements

Australian Securities Exchange Limited
Level 6, 20 Bridge Street
Sydney NSW 2000

By e-lodgement

OPERATIONAL UPDATE

Range Resources Limited ("Range" or "the Company") is pleased to provide the
following update with respect to its international operations.

Trinidad

Following receipt of the necessary Trinidadian authority approvals for the
release, the Company is pleased to announce that Rig 1 successfully completed
the drilling of the step out QUN116ST well and encountered approximately 66
feet of net pay zone in the Lower Forest Sands. Following the drilling of the
well to target depth, casing was set to 975 ft and the well then turned to
production, with initial natural pressure flow rates of 50 bopd which has
exceeded the Company's targeted rates on the shallow 1,000ft wells of 15-30
bopd. This is especially encouraging given this was achieved under natural flow
as opposed to under pump. Rig 1 has moved onto well location QUN 118 (being an
offset to the QUN 117 well referred below), which will also be targeting the
Lower Forest sands and is currently drilling with a total depth of 950 feet.

Rig 2 has reached the extended target depth on the QUN117 well of 2,400 ft,
with good oil sands and oil shows encountered approximately between 560-830
feet and 2220-2300 feet. The initial results from this well look to have
extended the Lower Forest and Upper Cruse trend to the east of existing wells
and confirmed the predictions that the current well program would extend the
existing fields. A production rig has been moved onto the location for
production flow testing with early indications exceeding the Company's
expectation on the 2,000ft wells (50-100 bopd target) as well as confirming the
potential for possible production from both the Lower Forest and Upper Cruse
trends.

Rig 2 is being moved along trend targeting the Lower Forest and Upper Cruse oil
sands approximately 400 feet east of this well with the new location already
constructed in readiness to spud the QUN 119 well.


Figure 1 - Rig 2 drilling the QUN117 well.

Rig 8 has been moved to the MD 248 location and rigging up awaiting Ministry
inspection, expected to be received in the coming weeks. The well has a target
depth of 6,500 ft and will be targeting the Middle Cruse and Lower Cruse sands.
This well is the first of three (3) deeper wells that the Company hopes will
extend the main field Middle Cruse trend in the east and west direction, and
also test for the deeper, Lower Cruse sands expected immediately below.

The forecast increase to 1,400 - 1,800 bopd from existing wells and the current
21 well program is well on target and confirmed by the current program to date.
The scheduled completion of the 21 well program has been moved to Q1 2012 with
10 wells expected to be completed by year end.

The Company is also pleased to report that it has recently added an additional
70 operational personnel to the Trinidad team with the various mechanical
departments now operating 24 hour work schedules in support of the expanding
drilling operations. A number of sites have already been prepared for the
current rigs in operation (6 sites for Rig 1, 2 sites for Rig 2 and the second
site for Rig 8 currently under construction) which are expected to allow the
seamless transition for each rig onto their next drilling target.

Georgia

Following a further internal and independent review of the seismic on the
Kursebi area, the Company, along with its partners in Georgia can confirm that
work is due to commence on the preparation of the well site and surrounds in
readiness to receive the drilling rig for the spudding of the second
exploration well on the Kursebi 2 prospect. Targeted spud date is late December
/ early January.

As identified in the RPS report announced in December 2010, the Kursebi 2
prospect has mean unrisked gross undiscovered estimated oil in place of
160MMbbls (Range's 40% attributable interest is 64MMbbls).

Texas - North Chapman Ranch

The Company is also pleased to announce that completion operations and flow
testing is underway on the Smith #2 Well with good initial hydrocarbon shows
recorded in the objective Howell Hight section - with total gross pay
comparable to the Smith #1 well (130 ft). The well will now be fracture
stimulated to look to maximise production, as was successfully undertaken on
the Smith #1 and Russel Bevly wells. The Company will provide further updates
in due course.

Initiation of Research Coverage - Panmure Gordon

The Company is also pleased to announce that on 8 December 2011 Panmure Gordon
& Co. ("Panmure Gordon") initiated coverage on Range with the release of a
comprehensive research report on the Company.

Panmure Gordon is a leading corporate and institutional stockbroking and
investment banking Group with offices across the UK, US and Europe, providing
clients with access to the combined financial expertise of 230 dedicated
professionals across nine cities. Panmure Gordon has established a reputation
for excellence and integrity since it was founded in 1876.

Panmure Gordon has a respected and growing natural resources franchise advising
clients with operations in Europe, the North Sea, Falklands, Brazil, China,
North America, Canada, Africa and the Caribbean.

The report is only available to registered institutional clients of Panmure
Gordon. For access to the report, please contact your individual broker.

The Company would also like to announce that an interview with the Company's
Managing Director, Mr Peter Landau, has been uploaded to the Company's website.

Yours faithfully


Peter Landau

Executive Director