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 - 24 Jul 2012 06:16 - 4507 of 5221

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.

dreamcatcher - 24 Jul 2012 06:17 - 4508 of 5221

Only down 9.78% 0n the ASX

dreamcatcher - 24 Jul 2012 06:48 - 4509 of 5221

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.


Gerponville18 - 24 Jul 2012 07:57 - 4510 of 5221

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

dreamcatcher - 24 Jul 2012 20:05 - 4511 of 5221

Horn down 1.20%

Gerponville18 - 24 Jul 2012 20:25 - 4512 of 5221

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!

pumben - 24 Jul 2012 21:43 - 4513 of 5221

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 ?

dreamcatcher - 24 Jul 2012 21:49 - 4514 of 5221

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

dreamcatcher - 24 Jul 2012 22:59 - 4515 of 5221

Horn ended 3.61% down

skinny - 25 Jul 2012 07:13 - 4516 of 5221

Trinidad Production Milestone – 1,000 Bopd

Highlights

* Success on the recent two wells targeting the deeper Upper Cruse formation
(circa 2,000 ft) on the Morne Diablo Block in Trinidad

* Production in Trinidad exceeds 1,000 bopd for the first time in recent days

* A significant number of conventional well locations have been identified in
the Beach Marcelle Block following an extensive review of historical data
and information

pumben - 25 Jul 2012 07:13 - 4517 of 5221

wow some good news. lets see how SP goes but I expect profit takers will be in quickly. could do with a string of these type of RNS !

Gerponville18 - 25 Jul 2012 08:59 - 4518 of 5221

Correct........Profit takers have been at it again........Do I buy at these levels???

Gerponville18 - 25 Jul 2012 09:07 - 4519 of 5221

Question:-

What is your opinion of Victoria Oil and Gas..........Seems to be moving?

dreamcatcher - 25 Jul 2012 15:42 - 4520 of 5221

Horn still sliding down 5%. Range should of moved faster with puntland, putting it in a separate company. As with Africa oil, with horn. Good news today with the TT rns and down we go. How do the board of directors think they are going to attract long term investors ?

Gerponville18 - 25 Jul 2012 16:44 - 4521 of 5221

What a mess I would say!

They need oil in the "2nd Puntland well drill", or it is a very large plaster needed?

dreamcatcher - 25 Jul 2012 16:48 - 4522 of 5221

So would I.

dreamcatcher - 25 Jul 2012 16:52 - 4523 of 5221

Keith Hill of Horn Petroleum,. with his games playing rns's has had a dire effect on this company. Selling day after day.

Gerponville18 - 25 Jul 2012 16:59 - 4524 of 5221

It's had a large effect on his investors..............And Range's.

I am sure (PL) is telling (KH)..........That’s another fine mess you have got us in Olli!!!!

dreamcatcher - 25 Jul 2012 17:00 - 4525 of 5221

He has just left us wide open with the last rns, with the water comment. Just waiting for the next one.

dreamcatcher - 25 Jul 2012 17:01 - 4526 of 5221

I Would not think they are drinking buddies.
Register now or login to post to this thread.