.

I found this right up from a fellow investor on another thread......Good analogy!

I've looked at the plan released in July. Rig 8 is 8 weeks behind schedule. It’s possible, but I think we'll be lucky to COMPLETE a Herrera this year. Most likely a few weeks into Jan.
Then there's rig 6 which was supposed to be 'deepening existing wells' starting 4 weeks ago. What stage is that rig at?
Rig 7 is supposed to be on line in sept. Again, where are we with that one?
I agree that this RNS is good news but it’s not that good.

The 3 existing rigs, if on time, should have finished up to QN 136 and be drilling or spudding 137, 138 and 139. This is quite possibly on target and if so we're already over 1250bopd and waiting for the figures to be certified.
However. If the Herrera doesn't complete this calendar year and we get no new production out of rigs 6 and 7 I suspect we'll end the year on about 1800 bopd. I personally find this acceptable but I bet it will be taken badly.
The 4000 bopd target for Jun 2013 is still easily achievable.

Should spell "Write up" not right up.......Bad day at the office!

hmmmm . There has been some sort of problems out there, that we have not been told about. I know the rigs were in a poor state on purchase.

Horn down another 3%

What an awful day, pleased you took some profits out of rmp dc.

Only have a small amount with rmp.

Flipping Heck.........Range will buy Horn if they plummet much further?

I bet its at the stage of bail out for what you can get. Without news can only head south

Horn 5.36% down

Wow Horn up 7.69%

Have you seen the news on Costa del Sol? My friends home escaped the fire thankfully - complete devastation, would be before I go. Is someone trying to tell me something, book for wrong year - correct it at a cost and then this. Holy Moses should I be going I ask myself!!!!!!!! Range crap amongst everything else ooohhhh!!!!
Could be worse - I could have been there, my friends could have been homeless/injured - always look on the bright side of life or so they say. Have a good weekend all.

Horn ended up 9.62%

I would not think by the time my friend flies back from Madrid to Malaga that his horn will end up 9.62%. As Horn Petroleum is zitch anyway these days then I also feel it is a lost cause. We used to have a decent chat on this site and now even that it is deminished.

http://www.theel1tetrader.blogspot.co.uk/2012/09/range-resources.html

At the worst 3m the travel company will give you an offer of a different resort. Same
thing happened to me with Mexico cancun. The place was blown to the ground with a hurrican, offered Florida instead.

A blinking good read..........I think I will read again.........This is Range, is it?

The company is pleased to announce that next Investor Q&A is proposed for Friday 14th September.

I am reading (Elsewhere), that "Rig 8" has spudded?

Will there be some better news on the horizon!

perhaps it'll find potatoes which i understand would be a great step forward

Nice one.......Do they grow potatoes in Trinidad?