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Today is 27 days from the day the Shabeel -1 well in the Dharoor block in Somalia Puntland was spudded.
The Namak hvani well /Kursebi 6 prospect is due early to mid Feb, with a target depth of 3500 mtrs. Should be news next week.
We are waiting for a lot of news and I think this will be released to drive the sp upwards into the higher teens + in my view for a drawdown for a purchase in Colombia.
Range holds a 5% holding of the shares in Tangiers petroleum and do not think we have heard the last here yet.

Looks like they needed another tin of pineapples to complete the cake. :-))
Perhaps PL made it. Must say I like the spudceremony, with the lettering getting smaller as it goes across the cake.

Not quite Cake Boss standard but like the spud itself, it's a start.

http://www.rangeresources.com.au/fileadmin/user_upload/research_Reports/lloydsEJ_feb12.pdf

Does anyone know when these start to trade on the usa exchange.

I think about 2.00 p.m. DC

Hi 3 monkies, I know I read these were going to start to trade in the usa and some of our aim stock was being transferred, which will help us. Just was not sure when?

There is another Range resources in the usa that a lot of investors get confused with.

Oh sorry, I've got it wrong then - nothing new in my life. At least they are up a little so far today!!! Ssssh don't speak too soon.

I may be wrong as well, not sure. I think we are up in anticipation of an update Thurs/Fri Ssssh dont tell everyone :-)) do you reckon gibby is out there on the drilling rig giving the orders. lol

One is Range Res Corp (ticker RRC:US), the new one is Range Res Ltd (ticker RGRYY:US).

Thanks Harry , yep I know the corp is nothing to do with us . The RGRYY is this due to trade or is it in trade now. There is talk Range is being put out in a circular to 600,000
investors in the us.

And we all know the yanks love oil (as long as we find some) :-))

Due to list in the usa, then I guess the held back news will flow.

My trusty source states.....

Apparently rrl to list on America exchange OTC possible next week. Also US equivalent of rhps to distribute buy rec of rrl ...ends

Should help the SP.

643,000,000 / six hundred and forty three million shares transferred to the otc exchange.Nearly a third of all rrl shares. I think thats why we have not moved in the last few months . Very cheap shares have been collected up, to launch on the otc.
I thought we were in a draw down, just being kept in a very tight range. Should with all the held back news see the sp rise now.




http://www.otcmarkets.com/stock/RGRYY/company-info

http://www.trinidadexpress.com/news/Petrotrin-strike-off-139519043.html

Looking forward to the next rns as I would think it will be very precise . Meaning of precise - exact,accurate in every detail, strict in observing rules or standards . Not that the previous ones were not :-))

http://www.fco.gov.uk/en/news/somalia-conference/

http://www.bbc.co.uk/news/uk-politics-17090470