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Epic & Msn data
Epic RRL
Time: 16:50:07
Mid Price: 3.25
Change Today: 0.00
Change % Today: 0.00
Fifty Two Week High: 5.36
Fifty Two Week Low: 1.25
Market Capital: 25.60
Period & price data
Period Price
Now: 3.25
3 Months ago:
6 Months ago:
1 Year ago:
Additional information
Additional Information
Market: AIM / ASX
Sector: Energy
Epic: RRL
News: Latest news
Web Site: Range Resources
Other Articles: 16-03-201016-03-201004-03-2010

Crude Oil

Range Resources

Range Resources Limited (“Range” or “the Company”) is an ASX (ASX: RRS RRSOA) and AIM (AIM: RRL) listed exploration Company, with its principal activity directed towards finding and delineating natural resources in the oil, gas and mineral sectors in Puntland, Somalia. Range Resources currently has a 100% interest in the sole and exclusive rights to all mineral and hydrocarbon exploration and development in the Somali state of Puntland which covers an area of approximately 100,000km2. Puntland is believed to have all the geological requirements to become a commercial oil-producing region. Somalia, and in particular Puntland, remains one of the last under-explored countries that has a high potential for considerable reserves of hydrocarbons which can be subsequently developed for the benefit of both the people of Puntland and Range Shareholders. The Company believes that through the generation of work and government royalties from hydrocarbon and mineral exploration and development numerous social and economic benefits will result.

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Tuesday, February 09, 2010

Range Resources completes installation of storage tanks in Texas

Dual listed oil and gas exploration company Range Resources (ASX: RRS; AIM: RRL) has announced a further update on the Company’s US Gulf Coast interests.

Despite continual heavy rains along the Texas coast, oil storage tanks and dehydration / separation equipment have been successfully installed on site. The Operator has now commenced the installation of the flow line that will connect the Smith #1 Well to the commercial sales line.

Executive Director Peter Landau said the standing water will be cleared so that the flow line can be successfully buried. Once the flow line has been completed, the final stage will be the connection to the commercial sales line.

The Company will provide further updates as the Smith well progresses towards first production.

Range has oil and gas interests in the frontier state of Puntland, Somalia, the Republic of Georgia and Texas, USA.

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