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Range Resources Ltd - One for 2011 (RRL)     

Proselenes - 10 Dec 2010 13:31

.

dreamcatcher - 18 Nov 2011 16:22 - 2380 of 5221

Yep god news gb, hold and wait me.

dreamcatcher - 18 Nov 2011 18:34 - 2381 of 5221

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







skinny - 28 Nov 2011 07:44 - 2382 of 5221

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.

skinny - 28 Nov 2011 12:28 - 2383 of 5221

In auction. +9.4%

skinny - 30 Nov 2011 09:07 - 2384 of 5221

Results of AGM

skinny - 01 Dec 2011 07:23 - 2385 of 5221

Letter to Option Holders.

dreamcatcher - 06 Dec 2011 16:31 - 2386 of 5221

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

dreamcatcher - 06 Dec 2011 16:33 - 2387 of 5221

Company presentation.

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

dreamcatcher - 08 Dec 2011 09:15 - 2388 of 5221

Panmure Gordon broker view



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

dreamcatcher - 08 Dec 2011 17:18 - 2389 of 5221

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.

HARRYCAT - 09 Dec 2011 12:51 - 2390 of 5221

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.

dreamcatcher - 09 Dec 2011 17:01 - 2391 of 5221

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


dreamcatcher - 09 Dec 2011 17:06 - 2392 of 5221

Interview with Peter L.

http://www.iii.co.uk/tv/episode/your-questions-answered-peter-landau

dreamcatcher - 09 Dec 2011 17:21 - 2393 of 5221

Two interesting points from the video, Share holder return from sale of assets next year and Range are interested in Colombia. He seems very aware of the poor peformance in the sp to date.

dreamcatcher - 10 Dec 2011 21:33 - 2394 of 5221

Sat, Dec 10, 2011
12:41 pm by Sergei Balashov

Elsewhere in the sector, Range Resources (LON:RRL, ASX:RRS) said a step-out well in Trinidad is flowing 50 bopd - exceeding the firm's targeted rate of 15-30 bopd.

The QUN116ST well hit around 66 feet of net pay before it was completed for production, the firm said in an update on international operations.

The forecast increase to between 1,400 and1,800 bopd from existing wells and the current 21 well program in Trinidad is well on target, said Range.

"The scheduled completion of the 21 well programme has been moved to Q1 2012 with 10 wells expected to be completed by year end."

gibby - 10 Dec 2011 23:56 - 2395 of 5221

dc if you any spare cash my opinion only
i used up all my spare cash in roughly 700k made a packet now on holiday
buylargge if you can

gibby - 10 Dec 2011 23:57 - 2396 of 5221

sorry inaat

gibby - 10 Dec 2011 23:58 - 2397 of 5221

or aea or aat

dreamcatcher - 11 Dec 2011 08:54 - 2398 of 5221

I thought you had left the country gibby, lol.

gibby - 11 Dec 2011 13:32 - 2399 of 5221

i have lol
the 700k were multiple deals buy/sell easy
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