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.
Range Resources welcomes Puntland presidential election outcome
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.”
Other Range Resources articles
-
20/01/10 Range Resources rights issue fully underwritten, appoints UK broker
-
03/02/09 Range Resources gives update on Puntland
-
05/08/08 Range Resources oil targets are still there
-
21/04/08 Interview with Range Resources
-
16/01/08 Range Resources: A Punt on Puntland
Other Range Resources news
-
04/03/10 Range Resources allots shares
-
25/02/10 Range Resources reports significantly higher production from Smith #1 well
-
19/02/10 Range Resources advises gas sales to commence in Texas
-
17/02/10 Range Resources ties up flow and sales lines in Texas
-
09/02/10 Range Resources updates the market on US Gulf Coast interests
-
29/01/10 Range Resources extends initial exploration period in Puntland until January 2011
-
27/01/10 Range Resources prepares Smith oil and gas well for production, expects seismic results from Georgia in Q2
-
05/01/10 Range Resources to raise $7 million through Rights Issue
-
21/12/09 Range Resources confirms oil and gas discovery in Texas, Puntland PSA changes now ratified
-
30/09/09 Range Resources North Chapman Project is Making Progress Towards Target Depth
Investors interested in Range Resources recently viewed
-
Ascent Resources (AIM: AST)
-
Aurelian Oil & Gas (AIM: AUL)
-
AusTex Oil (ASX: .AOK)
-
Blue Energy (ASX: .BUL)
-
Caza Oil & Gas (AIM: CAZA)
-
Dominion Petroleum (AIM: DPL)
-
Dragon Oil (LSE / ISE: DGO)
-
Elixir Petroleum (ASX: .EXR)
-
Europa Oil & Gas (AIM: EOG)
-
Golden State Resources (ASX: GDN)
-
Gulf Keystone Petroleum (AIM: GKP)
-
Gulfsands Petroleum (AIM: GPX)
-
IGas Energy Plc (AIM: IGAS)
-
Leni Gas & Oil (AIM: LGO)
-
Lion Energy Corp. (TSX-V: .LEO)
-
Mediterranean Oil and Gas (AIM: MOG)
-
Nighthawk Energy (AIM: HAWK)
-
Northern Petroleum (AIM: NOP)
-
Osceola Hydrocarbons (PLUS: OSCE)
-
Pan Andean Resources (AIM: PRE)
-
Petrel Resources (AIM: PET)
-
Petro Matad Limited (AIM: MATD)
-
Petroceltic International (AIM: PCI)
-
Po Valley Energy (ASX: PVE)
-
Regal Petroleum (AIM: RPT)
-
Solo Oil (AIM: SOLO)
-
Tethys Petroleum (TSX: TPL)
-
Victoria Oil & Gas (AIM: VOG)
-
Wessex Exploration (PLUS: WX.P)
-
Xcite Energy (TSX, AIM: XEL)
-
Xtract Energy (AIM: XTR)









