Additional Information
Market:ASX / AIM
Sector:Oil and Gas Exploration and Production
EPIC:RRS
Latest Price: 7,320.00  (-3.24% Descending)
52-week High:7,565.00
52-week Low:4,425.00
Market Cap:6,640.49M
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Range Resources Full Range Resources profile here

Range Resources Limited (“Range” or “the Company”) is both an ASX-listed (ASX: RRS) and AIM-listed (AIM: RRL) exploration and production Company, with its principal activities directed towards finding and delineating hydrocarbons in Puntland, Somalia; the Republic of Georgia, onshore Texas, USA and Trinidad.

With the planned onshore exploration drilling program in Puntland and Georgia coupled with the exploration and development programs in Texas and Trinidad, Range is well on its way to establish itself as a diversified international oil and gas exploration, development and production company with significant upside potential.

 

Range Resources welcomes Puntland presidential election outcome

Tuesday, January 13, 2009 Range Resources Ltd, the oil and gas explorer with assets in Puntland, Somalia, issued a statement congratulating Abdirahman Mohamed Farole on his election as president of the semi-autonomous state in the northeast of the country.

Following a democratic regional election held late last week, Farole has been appointed the fourth President of Puntland, Range said, adding it is looking forward to continuing with the successful development of Puntland's hydrocarbon and mineral assets.

Range executive director Peter Landau said: "The company has had a good working relationship with the government of Puntland and we would very much like to continue this. Former president Hersi's appointment as a special advisor will assist us in maintaining the relationship.”

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