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Range Resources Ltd - One for 2011 (RRL)     

Proselenes - 10 Dec 2010 13:31

.

skinny - 30 Dec 2011 08:05 - 2463 of 5221

A bit easier on the eye :-

30 December 2011

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

By e-lodgement

TEXAS & TRINIDAD UPDATE

Trinidad

Range Resources Limited ("Range" or "the Company") is pleased to announce that
it has successfully drilled and logged the QUN118ST development well on the
Morne Diablo concession in Trinidad. The QUN 118ST logged more than 200 ft. of
gross oil pay in the shallow Forrest formation, further extending the existing
field area to the north and east. The well is currently being completed for
initial production from natural pressure, which is expected to commence within
the next week.

The Company operates three production areas onshore Trinidad, where it
continues to develop existing reserves, extend producing trends, and exploit
marginal producing properties.

Exploratory drilling for deeper targets is programmed for 2012, following
reprocessing and interpretation of the Company's 3D seismic database, which is
scheduled to be completed next month.

Texas

The Company would also like to announce that the surface casing was
successfully set on the Albrecht #1 appraisal well on the Company's North
Chapman Ranch Project in Texas and recommenced drilling and is currently
drilling ahead at a depth of 7,900 ft. with a target depth of 14,500 ft.

The Albrecht # 1 appraisal well marks another milestone in the Company's
onshore Texas drilling program, as if successful, it is anticipated to prove up
reserves in the South East portion of the North Chapman Ranch license area, and
support a re-classification of current Possible (P3) reserves into the Probable
(P2) and Proved (P1) categories.

Following on from the Albrecht #1 well, the joint venture has the option to
continue with the development of the field with a possible four-well program in
2012 under discussion among the joint venture partners.

gibby - 30 Dec 2011 08:08 - 2464 of 5221

this is good news for 2012

dreamcatcher - 30 Dec 2011 08:13 - 2465 of 5221

Lets hope we all score in 2012

dreamcatcher - 30 Dec 2011 08:18 - 2466 of 5221

Arhh great news no sp movement????????????????

mnamreh - 30 Dec 2011 08:39 - 2467 of 5221

.

dreamcatcher - 30 Dec 2011 08:42 - 2468 of 5221

m, starting to be yes. Perhaps the sp rise will come, lets say when the brakes are let off ?

mnamreh - 30 Dec 2011 08:47 - 2469 of 5221

.

dreamcatcher - 30 Dec 2011 08:49 - 2470 of 5221

I have every thing crossed. EVERYTHING. :-)))))))))))))))

mnamreh - 30 Dec 2011 08:55 - 2471 of 5221

.

dreamcatcher - 30 Dec 2011 09:00 - 2472 of 5221

Nice one :-)))))))))))) 2012 cannot get any worse, can it?

dreamcatcher - 30 Dec 2011 09:01 - 2473 of 5221

We are up a whole 1% yes up 1%

mnamreh - 30 Dec 2011 09:02 - 2474 of 5221

.

mnamreh - 30 Dec 2011 09:17 - 2475 of 5221

.

dreamcatcher - 30 Dec 2011 09:17 - 2476 of 5221

UP 2%

skinny - 30 Dec 2011 09:19 - 2477 of 5221

Nil desperandum carburundum illegitami !

dreamcatcher - 30 Dec 2011 09:21 - 2478 of 5221

skinny, what ?

HARRYCAT - 30 Dec 2011 09:23 - 2479 of 5221

Illegitimi non carborundum is a mock-Latin aphorism meaning "Don't let the b*stards grind you down".
So skinny's latin has been modified to suit!

dreamcatcher - 30 Dec 2011 09:28 - 2480 of 5221

Thanks Harry, happy new year.

dreamcatcher - 30 Dec 2011 09:29 - 2481 of 5221

Going to pour myself a drink, up 3%

skinny - 30 Dec 2011 09:30 - 2482 of 5221

Sorry - I'm bored :-)
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