.

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.

QUARTERLY REPORT FOR PERIOD ENDING 31 MARCH 2012

TD mid May - so into the target zones next week then, or late this week.

That quarter rolled round quick, only seems like last night we had the last one. :-))

:o)

lol

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. :-))

I hope it's an express bus!

Mega bus.......on the cheap.,.

$1.6214 fare?

oh by airbus .

Range Resources reports 'robust' cash balance, looks forward to Shabeel-1 results



http://www.proactiveinvestors.co.uk/companies/news/42197/range-resources-reports-robust-cash-balance-looks-forward-to-shabeel-1-results-42197.html

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.

Horn down 4.62%

Horn falling 6.36%

50/50 as to if there is something commercial.......might not yet have reached target but must be close by now....luckily RRL have many prospects....

Your right rf the big word being COMMERCIAL.

At a guess if we look at the negative side : the sp for RRL would probably pull back to 7p.....and then I reckon over a couple of weeks then recover because less than 10p is still cheap.....if by good fortune they hit the target : well 20p should be on the cards...perhaps a lot, lot more...30p...perhaps.....now it's a gamble but with Texas, Trinidad, Georgia and a few more plus another well in Puntland and the offshore 2d and 3d to look forward to...it looks pretty good longterm....