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Range Resources Ltd - One for 2011 (RRL)     

Proselenes - 10 Dec 2010 13:31

.

3 monkies - 15 May 2012 20:16 - 3725 of 5221

Don't blame you one little bit - enough is enough. At least you did not loose out thankfully.

dreamcatcher - 15 May 2012 20:34 - 3726 of 5221

3m, dont ask. In a climate we have how can you invest ? Day trading is my way forward . In and out . Got out of a lot. Hope all goes well in MTA and the rest recover for you.

On the RRL front Each investor can only make up their own mind to sit tight for the time being or move on.

dreamcatcher - 15 May 2012 20:49 - 3727 of 5221

ll's will always be the winners . The public investor invests early on puts up with all the fund raising, risk etc,etc. Then the ll's come in when most of the risk has gone
and if the company still exists and a lot of the public investors have been and gone.
They are the sensible ones waiting for operations promised to happen, ok they perhaps will not quite make as much profit as the early birds in the long run.

3 monkies - 15 May 2012 22:23 - 3728 of 5221

Have you had too many Gins tonight DC.

dreamcatcher - 15 May 2012 22:31 - 3729 of 5221

lol, I hope you have the curtains shut when you sit by the window, the neighbours must be talking.lol Lets hope not much longer.

dreamcatcher - 15 May 2012 22:32 - 3730 of 5221

No I cant up early in the morning.

ShareCruiser - 16 May 2012 08:32 - 3731 of 5221

3M My Virgin internet oftens falls over and dies for parts of the day. I also have a £10pm 3Connect dongle which I can plug in during those times. I treat it as a £10 pm insurance policy.

HARRYCAT - 16 May 2012 08:59 - 3732 of 5221

Texas & Trinidad update

http://www.moneyam.com/action/news/showArticle?id=4370147

skinny - 16 May 2012 09:14 - 3733 of 5221

Superfluous!

3 monkies - 16 May 2012 09:29 - 3734 of 5221

Excellent all we need now if for it to go up and up.

required field - 16 May 2012 09:49 - 3735 of 5221

The markets are just bloody awful.....but we might see a good increase if they get some flow rates.....otherwise another long wait until the following well results or the market gets better......miserable all round at the moment.....best to just sit on your hands and wait for better days.....

dreamcatcher - 16 May 2012 15:39 - 3736 of 5221

http://www.oilvoice.com/n/FoxDavies_views_from_the_trading_floor_Range_Resources_Ophir_Energy_and_Chariot_Oil_Gas/f1246cfcca2f.aspx

Wednesday, May 16, 2012
Range Resources (LON:RRL) slipped 4% to 8.7p during early trading even after the company said that the report on its North Chapman Ranch field in Texas confirms a significant increase to the company's proved reserves by as much as 50%, while in Trinidad, progress continues to gain pace in the development program of the shallow Lower Forest Horizons within the Morne Diablo field. Company estimates it has: total oil reserves of 19.6 MMbbls, or million barrels, in Trinidad, and 3MMbbls in Texas; 3.2 Bcf, or billion cubic feet, of natural gas in Trinidad and 27.7 Bcf in Texas; and 2.5 MMBBls of natural gas liquids in Texas. If the market was not another 50 odd point off when this update hit the news wires, possibly the market would have reacted more favourably.



3 monkies - 16 May 2012 16:58 - 3737 of 5221

There isn't anything we can do about the state of the markets only live in hope. No more cash to buy in at these low prices to bring my spread down so will have to sit on hands as required field suggests.

dreamcatcher - 16 May 2012 17:07 - 3738 of 5221

Not worth putting your life savings in 3m. You could pull your average down and we still trickle down. Then we have a non commercial well your average will want pulling down again. Im sitting tight. post 3734 sp go up made me laugh, one day. There must be huge selling behind the scenes to have us in the red.

3 monkies - 16 May 2012 17:15 - 3739 of 5221

Your quite right not worth putting anymore in as I said I haven't got anymore spare to think about it, keep looking at the empty picture frame wondering what day it will be filled with the nice picture. Loads in the same boat, the one without a paddle.

dreamcatcher - 16 May 2012 17:26 - 3740 of 5221

We need to hit in Puntland, get the for sale board out in Texas, put some of the proceeds into TT to speed up the deep drills. The other spare cash from the sale of Texas, do a share buy back. Get news on Colombia. If we are still dropping I will be worried. Really need puntland to come up trumps now.

dreamcatcher - 16 May 2012 17:32 - 3741 of 5221

In all that was a good RNS today. I think it is showing in TT that Range acquired
some unservicable drilling rigs that seem to have taken months to get ministry approval and get drilling. Thought the rigs would all be turning away now. They will be
soon.

3 monkies - 16 May 2012 17:58 - 3742 of 5221

Heaven knows, a little like BT come Open Reach everyone needs approval from someone. Still a perve in the window unfortunately. BT are going to send me a claim pack within the next 10 days, wish I knew of a way I could explain how I could have sold some dam share before it went completely tits up £1000 later. They won't be impressed with my mobile phone bill of £110 but hey ho that is not my problem I hope!!!!!!!!!!!!! We shall see. Back to Range PL did say in his comments about the markets at the moment that leaves a lot to be desired.

dreamcatcher - 16 May 2012 18:07 - 3743 of 5221

Did you see this post 3m -

ShareCruiser - 16 May 2012 08:32 - 3731 of 3742
3M My Virgin internet oftens falls over and dies for parts of the day. I also have a £10pm 3Connect dongle which I can plug in during those times. I treat it as a £10 pm insurance policy.


Put a claim in for the lot and see what you get.

3 monkies - 16 May 2012 18:23 - 3744 of 5221

DC I did see that post but haven't a clue what a dongle does yet will enquire tomorrow. Nothing to do with Virgin this time it is BT yet again!! Don't know how to make a claim for getting out of a share before it hit that hard whenst I could not see what was happening?????? It happened during the weeks of no internet at all before my kind neighbour let me into his wireless. One can claim for loss of earnings but don't know how to prove it. Sad times here in Lancashire. Don't understand what at £10 pm insurance policiy is either.
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