.

nasd, they have derisked the drill, in terms of the financial impact on any failure. Always good for small companies to do such - cynic would be very happy with this "derisking and sell some off stuff".

Hi Proselenes being a meagre female I don't know what derisked the drill means can you elaborate on that one for me please.

3m

they havent got to find the cash to do the drills.

De-risk.

Cheers now I understand. Hope we do not have to wait years for them to recover. Down 0.95 at the moment ugh!!!!!!!!!

with drilling imminent don't think it will take long to recover.
mainly the sheep following bulford who didnt action their email.

RNS today RRL ups stake in East Cotton Valley.....

RANGE INCREASES ITS STAKE IN THE EAST COTTON VALLEY PROSPECT TO 21.75%
Range Resources Limited is pleased to announce that it has acquired an additional 8.1875% working interest in its East Texas Cotton Valley project for a total of $148,000 in lease acquisition costs and an overriding royalty retained by the seller.

Range's participating interest in the shallow oil project now totals 21.75%. The acquisition represents an opportunistic additional investment in the prospect as Range and its partners prepare to spud the Ross 3H horizontal appraisal well in the coming weeks. The well will be the Company's first in the project area. The acquisition is expected to provide an immediate increase to the Company's oil reserves, such increase to be reported at a later date.

The Company's managing director Pete Landau added, "Increasing our interest in this shallow oil appraisal and development project just prior to spudding the next well makes good strategic sense for Range and adds oil reserves in a period of strong crude oil prices. Overall, the project is expected to be an excellent complement to our North Chapman Ranch interests and should result in additional production and cash flow in the near term."

Heading for 10p...after the nonsense selling....and why ?.....not as if there was bad news...bien au contraire....this company knows where it is going....and when they spud the Georgian wells, plus some activity in Puntland...12p plus...here we come...

Thank goodness they are improving again and thanks your all your responses.

These sellers are in super panic mode what a set of MORONS a lot of Guttless nobodies!!!!!!!!!!!!!!!!..........

Data shows approx 50/50 buys to sells. What's the big deal gb?

Not just talking about today what about yesterday????

Hilarious how GB / Pros hates sellers with a passion (well, same person, so perhaps not strange at all).

I can't wait to see how they get on in Puntland.

Its not sellers in general just those sheep who follow a tipster like lemmings,it dos'nt all depend on puntland... and you'v said that before about me and Prose being the same person you are wrong ONCE AGAIN you moron!!!!!!!!!!!!!!!!!!!!!!........

must be his brother then......

I take it you dont have MUCH to contribute to the discussion then BALERBOY?????????????????????????????????????????

just testing to see if i was squelched......

Now what would you be squelched for BALERBOY being a ptholden clone????...

God no!!! I'm much better looking than him.,.