.

Pehaps that is the idea to piss off pis. Have we had an RNS to say an institutional
investor has jacked in their shares ? They perhaps know more then us?

pum whats your target price ...maybe 5p?

You would have to watch the PL videos pumben then. Pl has said timescales are hard to improve. With the massive security issues - Do you think they are going to give us a time of TD on this Puntland drill ? This company is going to be 18/24 months
before Im expecting real progress. If it hits 4p or less I will buy more, have far to many now.

Market Update.

MARKET UPDATE

Range Resources Limited ("Range" or the "Company") is aware of negative
statements and commentary being circulated in respect of progress with the
Shabeel-1 well currently being drilled in Puntland by the Company's Joint
Venture Operator, Horn Petroleum Corp. ("Horn"). The Company wishes to confirm
that the well has not yet reached depths targeting the primary reservoir and
refers investors to the drilling update released to the market on 12 April
2012.

The forward plan on the well is to drill ahead (currently at 2953 metres) to
the originally planned depth of 3800 metres to evaluate the primary and
secondary reservoir targets (which to date have not been reached) in the Lower
Cretaceous and Jurassic intervals equivalent to the main productive section
seen in the analogous fields in Yemen. A testing program including the zones of
interest seen to date and any deeper potential pay zones identified will be
agreed with partners at that time. Upon completion of the well, the Joint
Venture plans to move the rig to the Shabeel North location where construction
is nearing completion for the second well.

The Company will provide a more detailed update on the progress of drilling in
Puntland in conjunction with its Joint Venture partners as the well progresses.

Horn down 16.54% - Would think it to early for bad news.
What Happened?

From one of the chat sites over there -

Bear Raid or Nervous Selling?? It seems to me the mini melt-down at the final hour today was due to some nervous Nellies hitting the bids and triggering stop-loss orders. The volume was not higher than normal.

Horn back up 15% :-))

HRN finished up 13.51 % put back most of the previous loss. Lets hope this starts to rise next week .

Not had an ineternet since last Monday so have just gone to a friends to use his not known what anything is doing - trust you all well, these don't look too healthy. Speak next week hopefully, no landline no mobile signal sweet bugger all. Enjoy your weekend.

Hi 3m, Hope your friends have not eaten the wires.

Nice to start to get some leaks here as we are moving ever closer to TD. Very nervous investors. A good result will do wonders for the future drills in Puntland.
A bad result, I will not go there.

Horn up over 7%

What does a blue sp mean? I have forgotten! :o)

My see a few more this week kim. Have you been away in the sun.

A blue sp is £s :-))

Very large buy today, £1.4 million pounds.

- http://screencast.com/t/R3jO0ocGBA

been in edinburgh today just got back - blue here today lol - i havent had a chance to look at that 1.4M trade dc - is it a real buy? will look tomorrow in more detail

I bet that was you. lol

Ordinary trade from LSE ?



14:20:35 23-Apr-2012 10.50 14,355,658 1,507,344.09 Ordinary trade

you have me sussed too easy lol - i thought it was you :-)))))

well well - it sure looks like it then - nice one - cheers dc