Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.

Range Resources Ltd - One for 2011 (RRL)     

Proselenes - 10 Dec 2010 13:31

.

dreamcatcher - 28 May 2012 17:51 - 4044 of 5221

What other than H S is in the pots, you do funny things up North. In the South we put plants in pots. :-))

3 monkies - 28 May 2012 17:54 - 4045 of 5221

Good idea Kim, I haven't been asked to carry it in Southport on the 1st June (not that I live there). Dam we oldies miss out on everything!!!!! Went to flower place today to ask when Steve the market man goes to Wales he wasn't there so I rang at 5.00p.m. and they have my phone No. so will ring me when she knows. The lady thinks he going to Chetford if that is of any use but will let you know for sure when I know.

dreamcatcher - 28 May 2012 17:55 - 4046 of 5221

WHATS IN THE POTS THE SUSPENSE IS KILLING ME MORE THAN THESE SHARES.LOL

3 monkies - 28 May 2012 17:56 - 4047 of 5221

People used to shovel H S off the roads when I was a kid and put it around their roses, gosh you lead a sheltered life, but you are young so we are here to educate the minors hahahaha!!!!!!!!

3 monkies - 28 May 2012 17:57 - 4048 of 5221

I told you DC roses and sweet peas, plus compost mixed with H S.

dreamcatcher - 28 May 2012 17:57 - 4049 of 5221

WHATS IN THE POTS. LOL. I live in the country there is plenty of hs round here. lol

dreamcatcher - 28 May 2012 17:58 - 4050 of 5221

Sorry thats ok then. Sweet peas and hs. They will smell nice. lol

dreamcatcher - 28 May 2012 17:59 - 4051 of 5221

Is anyone going to the games ?

kimoldfield - 28 May 2012 18:07 - 4052 of 5221

Might watch some of the games on TV but staying well away from London, it will be chaotic there!

Thanks for your efforts 3m! I don't know where Chetford is but I'm fairly sure it is not nearby. There is a big market in Mold which is not too far away.

3 monkies - 28 May 2012 18:08 - 4053 of 5221

They usually do smell beautiful. (Surprise surprise). No I'm not going to the games. This lot plays enough games for me but it should be wonderful for anybody that does. Are you going?

dreamcatcher - 28 May 2012 18:11 - 4054 of 5221

Sounds sensible kim. Did apply never heard a thing. Like the cycling.

dreamcatcher - 28 May 2012 18:50 - 4055 of 5221

There is also a big seller still selling.

3 monkies - 28 May 2012 18:58 - 4056 of 5221

How do you know that at this time of night DC?

dreamcatcher - 28 May 2012 19:03 - 4057 of 5221

Good question. lol selling up to 4.30pm lol. There has been talk of a big seller for a time. 100,000 lots.

dreamcatcher - 28 May 2012 20:34 - 4058 of 5221

Cannot see this dividend now or a share buy back at this sp price from the sale of Texas. Going to need the funds to fund Puntland, TT, and Colombia. Has the company overstreched ?The company will need vast sums to develope these assets and TT
being so slow will not do it. Just wonder were Range is going. Will find it hard to raise cash with a 7p sp . Just an idea will Range need a partner for the future or be heading for a buy out.

dreamcatcher - 28 May 2012 22:08 - 4059 of 5221

Horn ended up 15.33%

3 monkies - 28 May 2012 23:37 - 4060 of 5221

Time to give up.Clutching at straws and David Lenigas is certaly not going to help maatters. Speak tomorrow.

3 monkies - 28 May 2012 23:40 - 4061 of 5221

spelling mistakes I apologise for.

3 monkies - 29 May 2012 18:04 - 4062 of 5221

Another appauling day back at the range. Had another one of mine suspended from trading today. Sincerely hope you are all doing better than myself.

dreamcatcher - 30 May 2012 17:13 - 4063 of 5221

http://www.theaustralian.com.au/business/mining-energy/range-to-spin-off-somalia-assets/story-e6frg9df-1226375568273


Full article...

"THE Australian market's affair with the controversial Somalia exploration assets of Range Resources looks set to come to an end as the company prepares a spin-off of the projects on to London's AIM board.

Speaking to The Australian at the ASX Small to Mid Caps conference in Hong Kong, Range executive director Peter Landau said the spin-off would help focus attention on the company's other assets in Trinidad and Colombia.

THE Australian market's affair with the controversial Somalia exploration assets of Range Resources looks set to come to an end as the company prepares a spin-off of the projects on to London's AIM board.

Speaking to The Australian at the ASX Small to Mid Caps conference in Hong Kong, Range executive director Peter Landau said the spin-off would help focus attention on the company's other assets in Trinidad and Colombia.

Range's joint-venture partners in Somalia, Horn Petroleum and Red Emperor Resources, are covering the company's share of costs in the first two exploration wells.

The first well this year intersected oil-bearing sands, but it remains to be seen whether the reservoir is capable of flowing oil at commercial rates.

Drilling of the second well is to begin soon.

Away from Somalia, Range is focusing on lifting production in Trinidad from about 800 barrels of oil a day to about 2500 by the end of the year, a lift that would see the company generating about $30 million in free cashflow.

"Trinidad is always going to be the focus. It's got 15 million barrels of (proven reserves), so we can't spend the money quick enough," Mr Landau said.

"Every time we put another well in we're getting between 50 and 100 barrels a day.

"These wells are paying back in two to three months, and they'll keep going for 20 years."

Range is also set to shortly begin a sale of its oil and gas assets in Texas, which Mr Landau said should fetch about $50m to $70m in the current market.

The proceeds from that sale would be invested into Range's recently acquired acreage in Colombia. Range has the right to earn a 65 per cent interest from two licences in the Putumayo basin. "
Register now or login to post to this thread.