.

lol hc

rmp t/o by rrl - doubt it to be honest for the reasons stated above - never thought that before either - but never say never!! lol

Lol HC, sorry HARRYCAT. Thanks for your views gibby and grannyboy. Perhaps I am being greedy. lol .

UP 6.25% on the ASX = 0.170 $ = 11pence

here we go!! :-))

georgia rns :-)

Georgia Update Site Construction Underway
PRNW


23 January 2012


The Manager
Company Announcements


By e-lodgement

GEORGIA UPDATE - SITE CONSTRUCTION UNDERWAY

Range Resources Limited ("Range" or "the Company") is pleased to announce that
site construction has commenced in readiness for the spudding of the Company's
second exploration well in Georgia - the Namakhvani well which is the Kursebi 6
Prospect. Targeted spudding date is early to mid Feb with a target depth of
circa 3,500m.

Given the unexpected geological sequences encountered with the first well,
Range engaged new independent technical consultants, NTD Energy, to perform a
fresh review of all of the seismic and geological data across the top 3 Kursebi
prospects previously identified. The Kursebi 6 prospect was identified as the
most robust prospect with a more clearly defined structure and indications of a
significantly thicker Jurassic section, increasing chances of encountering more
reservoir and mature source rocks.

Below are the estimates of undiscovered stock tank oil initially in place
(STOIIP) for the prospect.

STOIIP (Mmbbls)

P90 P50 P10 Mean

K-6 Prospect - 100% 32.2 84.8 185.8 99.2

Attributable to Range - 40% 12.9 33.9 74.3 39.7


NTD Energy will assist in the management of the Company's drilling program for
the Namakhvani well along with the supervision of the proposed 2D seismic
program on block VIb. NTD Energy will also assist the Company in promoting and
developing the unconventional (shale) plays that may exist across the two
licence areas through the introduction of farm-in partners.

The Company will provide regular updates as to the progress of the drilling of
the second well.


Yours faithfully

Peter Landau
Executive Director

Fox Davies Capital Update

Range Resources (LON:RRL) Limited (BUY, 27p) (RRL LN, 11.25p, ► 0.0%) and Red Emperor Resources (TRADING BUY, 19p) (RMP LN, 18.25p, ► 0.0%) have announced that site construction has commenced in readiness for the spudding of the second exploration well in Georgia, the Namakhvani well at the Kursebi 6 Prospect. Spudding is expected in early to mid February now that Range have reviewed all seismic and geological data across the top 3 Kursebi prospects, given the unexpected geology encountered at the first exploration well, and Kursebi 6 has been identified as the most robust prospect. The estimate for undiscovered STOIIP for the prospect is 99.2 Mmbbls (mean). Range has a 40% interest and Red Emperor a 20% interest in the prospect.

http://www.naturalgaseurope.com/range-resources-shale-gas-concessions-georgia

Anyone know what all these LC trades are at 7p and 8p ?

Don't know but the same is happening in a few shares ie OTC, SYNC + others..

Thanks gb, and xtr. Would not mind if 30p. :-)

uncrossing trade / sets auction ?

A bit late bit "LC" trade.

'LC' Late Trade Correction
A correction submitted more than three days after the trade date or where deferred publication is permitted at any time after the trade report was submitted to the Exchange reporting system.

Thanks skinny.

yep late corrections - bit of a flat day here but thats ok another day nearer - saw your fd update dc - fd a bit low imo but hey ho

Evening gibby, better to be low, then we can sail by it. :-)). Seen tonight Range are looking for new farmin partners for Georgia ?

From SPIKEY DT http://www.derrickpetroleum.com/2012/01/24/range-resources-seeks-farmin-partners-for-two-georgia-blocks/

ASX - Being held in a trading range, like the uk no movement.

Trinidad - Partnership with Leni Gas & Oil Plc

Amended RNS - PARTNERSHIP AGREEMENT IN TRINIDAD - amended to link with Leni Gas & Oil Plc