.

PUNTLAND UPDATE
"Range Resources Limited ("Range" or "the Company") is pleased to announce that the Shabeel-1 well currently being drilled in Puntland by the Company's Joint Venture Operator, Horn Petroleum Corp. ("Horn" - TSXV:HRN) is drilling ahead at a current depth of 3425m (as at 13 May 2012).

A gross section of 150m of oil (possible net pay between 12-20m) has been encountered in the Cretaceous Sandstones (previously announced) whilst further oil shows have been encountered in the deeper sandstones which are currently being drilled.

A testing program including the zones discovered to date and any deeper potential pay zones encountered will be agreed with the Operator upon total depth being reached."

Is this good or bad ?.....could go either way by the look of it .....up would be better ...

Not many good well results lately from any company.....apart from TLW off South America........perhaps this one is about to buck the trend.....

Perhaps something that rhymes with buck might be appropriate!

In the dam red again now. I can think of something that thymes with buck kim!!!!!

I don't suppose that would be "luck" 3m'?!

Don't go kicking the cat with that bad foot 3m!

As you can imagine it didn't begin with an l kim. No cat to kick bedclothes to hide under though!!!

I must be bonkers but topped up.....badly need this to come right......which means it won't.......but we can hope and if not there's always another well.....oh dear .....

You always seem to be cash rich rf??? I must be in the wrong job!

This share needs a bomb under it more buys than sells seemingly but yet still red - beyond me.

This share should carry a warning as its bad for your health sitting watching it all day.
Pleased I was out.

Your right there DC, loads of buying but cannot get to the 10p mark - very controlled is this I feel. I bet your glad you have been out all day.

Hi 3m, Investors are putting more into Rmp, then Range (bigger risk) Looks like we have a couple of weeks for this to gain momentum .

Someone is keeping this on a tight lead.

Too tight they need to slacken the noose 29 million bought and 18 million sold up to now!!!!!!

Its all going the right direction, looking at some of the oil stock today. :-((

Rmp not doing range any favours at the moment, it is me though.

Yes DC Rmp doing well for you, I should have had a flutter but didn't but mta is up 0.02 wow, better than being down. Well I have had enough of this for one day going to go and make myself a meal sick of being perched in the bedroom window haha!!

Have a cuppa 3m .