.

Its going to be very interesting news on the future of Puntland for Range and partners.
If they were counting on this well to cover perhaps the not so good result of the first.
Not to say testing the first well and ongoing drilling on this one will come up trumps.

Hope to try to make you laugh DC - after finding my friends husband dead a week last Sun. funeral this Wed. I have spent my morning looking at biodegradable coffins obviously for myself thinking how ridiculous all this is and expense - my other friend not of the reccent deceased was horrified - my neice who is going to inherit most of my estate thought it was a wonderful idea - surprise surprise surprise. They might get a bigger shock in all eventualities more than we have we rrl - come on and laugh. Stop worrying, we cannot take it with us hahaha!!! The whole of the stock market has suffered today.

Sorry to hear that 3m. Just going for a dog walk. More to cool down.

Just made a big mistake and gone into my halifax sharedealing accoun -77.49% how good is that? What a wonderful portfolio not. Wish I hadn't bothered so near to bed time. Hope you cooled down DC.

Not looking at mine.

If you think it is anywhere as bad as mine please don't. Good Night Things can only get (better) one would hope.

Cheers for the warning.............I will make sure that I do not open my RBS account.
I do not like seeing a minus!

Don't know how I will cope tomorrow.........I want to buy Range and FOGL shares?

Sorry for the advice I am going to give to you Gerponville18 - it is bury it in a biscuit tin in the garden and not a biodegreable one.

pumben - 23 Jul 2012 07:27 - 4473 of 4503
anyone know what "fresh water (1200 ppm
Cl-)" means - looks like Putland is a waste of time - 2 holes and 2 negatives



1200 parts per million of (cl chemical element for chlorine)

how FD keep coming back with a target of 27p is beyond me with the continuing bad news. Apart from the US part (however gas prices at a low) everything that PL has gone on about has failed, Georgia, Trinidad (difficulties with workers), Putland. if the well turns out to be a waste which I think will be the case this share is only going to be 2p. I still can't understand why they wanted to announce the test results, do the test behind the scene, if no good, just move on to the TD and get the final results. Now you have many who have got in at 4.25, who again will use this just for a quick win rather than letting the SP move upwards if any good news ever arrives. A good point on the runway, 5 million down the drain - Somalians must be laughing all the way to the Bank ! - PL maybe a nice guy but he isn't strong enough to execute the story !

when do we reckon the TD will be reached ?

At a guess 10 days to 2 weeks at 40 mtrs a day from the day they restart drilling to TD. Just hope they hit something or could be another ugly day on news.

Only down 9.78% 0n the ASX

In my view the two drills have been handled very poorly by Horn via news in the very few and lets say strange worded rns's. SH-1 the first drill, we do not know if there is oil there. It should of had all the testing done. Its left investors in suspense . No testing gear for the well = not good enough for investors, we are being treated with
contempt. The latest drill why not of drilled to Td . They announce oil shows in the first rns, then they vanish in yesterdays rns.I do not Sit very comfortable with Puntland now. You tend to think has games play gone on to delay the drills so the constitution
has time to be voted in and settle. This seems very extreme though. Also on drilling on will they will find oil and return
to the first drill and have a find.
I had thoughts like they would return to Georgia and find oil, how wrong.

Good Morning Guy's,

In my opinion, for what it is worth...........PL/Range is at a place they wish they weren’t (Puntland).........The sp within the share is Trinidad for sure. I feel it is going to be bad news from the "Puntland Drill", which we need to brace ourselves for!

Then moving on........Possibly by then the share will be 3p.........Watch the share rise on the back of the many drills within Trinidad/Revenues.......Then the bonus's if any from other regions Range are drilling. Let’s face it.......This is now a long term share, no quick kills now on this share.

I thick I will wait until the drill in "Puntland" before I buy more shares.....Thank's for the advice 3 M's

Horn down 1.20%

Horn has been constant throughout trading..........Not an issue I don’t think..........Range only dropped into negative territory late on in the day. They started + 9% at the opening bell; crashed with the profit takers!

That is why this is not going to move upwards for a long time. PL has created an environment for RRL where people are happy to be in and out to make a quick profit.

I would also agree with DC the last RNS did not even provide any encouragement by saying that chances of hitting oil remains as it is expected to exist at the lower depth levels.

Do you think they would go and test the 1st drill site if this 2nd drill is a waste of time ?

Do not know what to think anymore, all just very odd.

Horn ended 3.61% down