The drill and all testing was given 90 days. The spud date was 16th Jan and we are
now the 1st may. April the 15th was the 90 days.
My experience from Range when news has been late sadly has not been good.
Well, well (not a pun) it seems that even RRL can't tell the difference between Colombia and Columbia!
Colombia
During the quarter the Company announced that it is had secured a
65% farm-in opportunity (350m of 3D seismic, 2 new wells and 1 well re-entry)
on two highly prospective licenses in the on shore Putamayo basin in Southern Columbia.
perhaps we are drilling in South Carolina then kim. lol Only a few miles between the two locations. If ranges personnel cant find the rig in Carolina, they will just have to catch a bus to Colombia. :-))
The share is starting to come under a lot of selling pressure. Who knows if its nervous
public investors or they have just had enough of a seemingly never ending downward trend. If news is still two weeks away and some where between we just get another
depth report, I just wonder whats going to stop this falling until then.
Beginning to think the companies are going to be forced to bring forward good news, if its to be had. If its bad well the sp is starting to price this in and nothing lost of not issuing news.