.

breathing sand.

http://www.somaliaonline.com/community/showthread.php/62965-Puntland-Finance-Minister-quot-We-Will-Manage-Our-Oil-With-Good-Governance-quot

http://www.irinnews.org/Report/95031/SOMALIA-Benefits-and-risks-of-Puntland-oil

http://www.proactiveinvestors.co.uk/companies/news/39978/range-resources-puntland-chances-look-much-better-after-drill-update-says-broker-39978.html

http://www.uploadlibrary.com/foxdavies/RMPLNBUY08March2012FLASHNOTE.pdf

With Greece out the way, lets hope 13p does as well.

North Chapman Ranch Update
PRNW


9 March 2012

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

By e-lodgement

NORTH CHAPMAN RANCH UPDATE

Range Resources Limited ("Range" or "the Company") is pleased to announce
further success in the appraisal and development of the North Chapman Ranch
Field in Texas (Range 20-25% interest), with the successful drilling of the
Smith #2 and Albrecht #1 wells.

Initial gross flow rates from the uppermost pay zone, which is one of four
principal pay zones, in the Smith #2 well reached more than 3.0 MMcfd & 125
Bopd, with more than 7500 psi flowing casing pressure on a 10/64" choke. Work
is being conducted now to remove all of the plugs below the upper pay zone and
combine the remaining lower pay zones to achieve maximum rate and recovery.

The Smith #2 well was drilled approximately 1,350 ft. southeast of the Smith #1
discovery well, further extending the Company's Proved Reserves in that
direction.

The Smith #2 was followed immediately by the Albrecht #1, drilled more than
1,500 ft. southeast of the Smith #2. The Albrecht #1 confirmed the presence of
the Howell Hight reservoir in that area and is also expected to add significant
Proved Reserves to the Company's portfolio.

With four wells now drilled in the field, Range estimates that over 80% of the
structural closure at the Howell Hight reservoir falls into the Proved and
Probable (2P) category. Work is currently underway to revise the reserve
estimates at North Chapman Ranch, and is expected to be finalized once The
Albrecht #1 well comes online. The Albrecht well is scheduled for completion
and fracture stimulation within the next 4-6 weeks.

Once the Smith #2 and Albrecht #1 wells are both online, Range estimates that
its net production and cash flow from the project will increase by more than
200% over current levels.

Yours faithfully

Peter Landau

Good news, lets hope it reflects today. :-))

Superfluous!

Whats that mean. :-))

Sound like a new toothpaste. lol

I duplicated your post 2992 - so I've removed it as its superfluous!

You should not of gone off for a cuppa, you got to be faster next time. :-))

Not even up 1% wow

The hot money seems to be going into RMP.

Naaaahhhh.....RRL is the one to be in....I'm in both but due to risk more in Range Resources than the Red Emperor....

Not good for range holders, money pouring into RMP.

Are you in this one ?.....I would have thought that it was the most sensible of the two....am in both.....

I Will just check. No . With all the posting Ive done over the last year, you bet I am.
Range will have its day. Could only be a week or so from the next pay zone. :-))

Fingers crossed...would be fantastic for us if this comes right !....