.

Friday close for Horn

HRN.V 1.54 +0.06 +4.05%

Range I have noticed does not get a mention much in the papers.

http://somalitalk.com/2012/07/22/who-will-protect-somalias-energy-resources/

Horn know the results by now.

Perhaps Monday expecting very diluted news. With perhaps onwards testing. No flow rates. Just my view.

http://www.thisismoney.co.uk/money/markets/article-2176514/SMALL-CAPS-MOVERS-Disappointing-Falklands-result-weighs-market.html

Any news leaks we should see on the ASX tonight.

Up 5.38% on the ASX

Is this good news on the way?

Lets HOPE so

Puntland Drilling Update


PUNTLAND DRILLING UPDATE

Range Resources Limited ("Range" or the "Company") provides the following update
on the Shabeel North well currently being drilled in Puntland, Somalia
by the Company's Joint Venture Operator, Horn Petroleum Corp. (TSXV: HRN).

An open hole Drill Stem Test (DST) was conducted over a 50 metre gross interval
(1910m - 1960m) which contained several sands in the upper portion of the primary
Jesomma Formation which had oil shows. The test recovered fresh water (1200 ppm
Cl-) without any traces of oil. The current plan is to drill ahead to the
originally planned depth of approximately 2400 metres which will penetrate the
remaining section of Jesomma sands at which point the entire section will be
evaluated by electrical logging to determine if further testing is warranted.

anyone know what "fresh water (1200 ppm
Cl-)" means - looks like Putland is a waste of time - 2 holes and 2 negatives !

no rns from RMP ! RRL wanted to show they were first out of the trap with the bad news - nice one PL

Great news

Horn down 44%

The price of water = Very expensive?

Very much looks like the higher end on the share consolidation of now 20 for 1

Where is that information; I know they were talking either 10 or 20 to 1. Was not aware that decision 20 to 1 had been made?

Has not been made yet. I would guess they will want a share near a £1 for institutions
to buy in. Pl did not talk of 20/1 a couple of months ago it was more 10/1. The 20/1
has only been talked about by PL in the last few weeks.

What beats me on this share sp, is that the share price is easily worth 10p a share........Even with the disappointment thus far on the "Puntland" drill. Trinidad is where the real value for Range!