.

Horn up 7.92% on Friday.

http://tmx.quotemedia.com/quote.php?qm_symbol=HRN

http://www.petroleumafrica.com/en/newsarticle.php?NewsID=13178

Very old article worth a read -http://www.wardheernews.com/Articles_08/December/13_oil_puntland_derek.html

The M29 aricle is very good...dreamcatcher....thanks for that...probably right,...looking good so far...

Thanks to pearl exporter - Wow, another excellent RNS and limited movement.

C'est la vie - you get used to excellent facts news being ignored after a few years in RRL... )

Investors who STILL can't see what's going on here. can get spiked on RMP for all I care, seriously, I own a few grand of RMP, but I am really surprised by their recent form - unless there has been a massive leak, then RMP are punching dangerously above their weight in the high 30s. I genuinely like a lot of posters here, but anyone prematurely claiming a commercial discovery in Puntland is delusional at best, we are weeks away from knowing where we are are with this beautiful drill, a few RMP holders need to start analysing just where they think they will be if things don't work out (it's an ugly picture). I am still crazily optimistic and the last RNS filled me with yet more confidence, but never get too far ahead of yourselves, guys.... I am currently in Nicaragua, so thus I have seen 'muchus' fat ladies, but none appear to be singing just yet... RRL is underpinned by our P1s, thus I sleep beautifully well at night in this mosquito embracing country.... RMP are fabulous 'IF' we are successful, but the tone on their BB currently is ridiculously dangerous - anyone investing in RMP now at current levels is either very brave or very ######.... )) Time will ultimately tell. For me personally, if RMP breaks 40p next week I will switch my holding fully to RRL. Simply put, because: (Cue ridiculous bullet pointed list)

- Our P1s are worth considerably more than our SP - most companies value themselves based on P1 and P2 reserves,I don't even have to do that to see the ridiculous value proposition that we currently have here on just proven assets.

- Trinidad will be valued at over a billion by the end of the year. Yes, slate me come December, but I still think that holders (especially on this BB) have no clue yet to the value of the Herrera and the UC drills that are fast approaching. Fag packet calculations = over 10p to the SP - per drill for the each Herrera prospect alone (there are multiple, even more since our deal with DL). And the UC layers - my god, anyone not familiar with the geology of the region and the Orinoco belt need to get reading fast...

- Herrera CPR due any day now....

- Offshore Puntland, worth multiples off onshore and RRL free carried until drilling. Seriously, we are worth more than the current SP based just on this monster of a licence. We are talking 20 Billion barrels + here... Ridiculous quantities...

- Colombia, about to kick off it would appear,,,, I think a lot will be surprised by the size of this and the production value currently in place.

- Texas, after yesterdays RNS, I am convinced that we will sell this asset for a minimum of 200M in Q3, perhaps a lot higher depending on the P1s etc....

- Georgia, the black sheep of our portfollio that we ignore a little too much now... ) Second well to kick off shortly, and I am convinced that there is something very dodgy about our P+R announced for the first well , a lot more to that than we know me thinks....

- Tangiers?? I am personally expecting our 5% stake to grow dramatically in the coming weeks....

All is good at RRL currently - don't get bitter when others rise faster than us, our time will come, of that I am more convinced than ever, Patience and beautiful fundamentals will prevail....

http://dissidentnation.com/weapons-deliveries-to-bosaso-port/

— March 10, 2012 13:54 — 0 Comments
Weapons Deliveries to Bosaso Port
Our contact in Puntland’s port city of Bosaso has opened the seal on another leak in the troubled and potentially oil-bearing region. This time, it’s not about the oil, at least not directly. Saracen International and partners in the security contracting business have been flying weapons into the region again.


Since 2010, Saracen’s total spending on security support in Puntland has been estimated at $50 Million, and that doesn’t even include hardware. Among the most recent deliveries, our leak tells us, were several containers of ammunition–likely small arms, assault rifles and light machine guns for infantry and naval teams, as well as parts for machinery–mainly marine and aviation parts.

Aside from parts, ammo, and small arms were armored vehicles. It wasn’t specific which make they were, but a dozen or more armored personnel carriers (APC), more advanced than the common Fiat 6614 that virtually all of Somalia’s factions have in tow, were seen being docked at the port in previous weeks.

Less certain in his next assessment, our contact spoke of tanks, likely Soviet T-54/55 models, among the APCs, though there is not proper infrastructure in the region to ensure optimal movement of such vehicles in large numbers. Our contact anticipated the delivery of small support aircraft, but it wasn’t part of the latest batch of deliveries, although Saracen has agreed to provide them to the local security forces.

The last major items in the recent delivery were a few dozen pickup trucks, later to be outfitted with mounted machine guns, known in Somalia as a ‘Tikniko’.

Hirsi Fiqi, Editor

DissidentNation.com

dreammcatcher, your US figures - what about these.?

Noticed that skinny , seems to be two types/lots ? although I prefer mine to yours
with the 18% gain :-)) What you have put up skinny looks like the sp for one share, mine is for batches of 40 shares.

What are the market caps for RRL and RMP.....?

£152m RRL £75m RMP.

That null sign looks strange skinny too. Wonder if they have been replaced by what I had posted . I may be wrong.

RGRYD Security Details Other Company Securities RGRLF

Share Structure
Market Value1 $11,918,700 a/o Mar 09, 2012
Shares Outstanding 52,972,000 a/o Feb 28, 2012
Float Not Available
Authorized Shares Not Available
Par Value No Par Value

Shareholders
Shareholders of Record Not Available

Corporate Actions Ex. Date Record Date Pay Date

Security Notes
•Capital Change=shs decreased by 1 for 40 split. Split concurrent with a ratio change from one (1) ADS representing one (1) deposited share to one (1) ADS representing forty (40) deposited shares. New Symbol (RGRYD). Pay date=02/28/2012.


Non US Stock Exchange Listing
RRS - ASX - Australian Securities Exchange - Qualified

Short Selling Data
Short Interest 0 (-100%)
Dec 15, 2011
Significant Failures to Deliver No

Transfer Agent(s)
BNY Mellon

You deramper skinny :-)) i have a market cap with Halifax of £286.44 m for Range

Share Price 13.50p Change Today: 0.25p Market Cap: £ 286.44m Sector: Oil & Gas Producers

You may be right re RRL - I've checked elsewhere and have also found £286.44m for RRL - RMP seems consistent on the two sites (neither are listed here).

All the sites vary, mind you a lot of investors would not be happy with us at 9p for that MC. :-))

I bet rf has gone for a stiff drink. :-))

Not at lunch time.....thanks...keep an eye on PVR and LOGP this week....big news imminent.....

Good luck rf, hope they go well for you

From 11 -

Here are the facts; the prospect of 110 billion barrels of oil being located in Somalia is astounding. If this figure is correct this would give Somalia the sevenths largest oil reserve in the world and 8% of the world’s proven oil reserves

http://www.mareeg.com/fidsan.php?sid=23373&tirsan=3

Hi 3m, have your visitors been killed off now. ?

Another e mail flying about from PL, put it on here either believe or dont - from LSE

e mail from Peter LandauToday 15:11

Just received this back from an e mail recently sent

Sent from my iPad

On 10/03/2012, at 5:26 PM,



Hi Pete,

Congrats on all so far, you must be delighted the way things are progressing. You must be sick of emails regarding Puntland so I won’t go there. I’ve a couple of questions I hope you

can give some guidance too.

Firstly, great news on Texas but what are the likely time scales for a sale as you mentioned when I saw your presentation in London in December last year that there were several interested partied and a likely sale price of $150-200m US. Is this still a likely sale price?



Probably a bit ambitious with only 4 successful wells to date - circa 100m by q3 more realistic

Do you still anticipate passing a majority stake to shareholders?



Yep

Would this be as a dividend or RRL share buy back ( which would be my personal preference having RRL as my primary portfolio holding)



To be determined but buy back is current preference

Secondly, you have mentioned on a couple of occasions working closer with the T&T government to ensure that newsflow to shareholders is smoother. How is this progressing?



Have standardized announcement procedure now agreed - petrotrin on strike doesn't help

And, when can we expect a T&T update as news has been a little on the light side with Trinidad.



Hopefully this week

Thanks in advance for replying and a big ‘well done’ as CEO of a great company with great vision.

Kind regards