Range Energy Resources Inc. Announces Appointment of Michael Wood as President and Chief Executive Officer and to the Board of D

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Range Energy Resources Inc. (CNSX:RGO)(FRANKFURT:YGK) and Chairman Donald
Sheldon are very pleased to announce the appointment of Mr. Michael Wood to the
position of President and Chief Executive Officer, and to the Board of
Directors, effective today.


Mr. Wood is currently a consultant advising in the international oil and gas
sector with over 25 years of senior finance and operational management
experience. Previous experience includes being President and CEO of Heritage
Oil, an independent oil and gas production and exploration company listed on the
London Stock Exchange and Toronto Stock Exchange, with operations in Africa, the
Middle East and Russia; and more recently was a founder and CEO of TSX listed
Candax Energy Inc. with oil and gas interests in Africa. Mr. Sheldon states,
"Mike Wood brings a wealth of talent and experience to the table for our finance
and development partners and we are very happy to add him to our Board and
management team."


About Range Energy

Range Energy has an indirect 24.95% working interest in a company with an 80%
interest in a production sharing contract governing the Khalakan Block in the
Kurdistan Region of Iraq.


For further information on Range Energy Resources Inc. (CNSX:RGO), please visit
the Company's web site at www.rangeenergyresources.com.


On Behalf of the Board of Directors:

Donald R. Sheldon, Chairman

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This news release contains certain statements that may be deemed to include
"forward-looking information". Forward looking statements are statements that
are not historical facts and are generally, but not always, identified by the
words "expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions
"will", "would", "may", "could" or "should" occur. Although Range Energy
believes the expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of future
performance and actual results may differ materially from those in forward
looking statements. Forward looking statements are based on the beliefs,
estimates and opinions of Range Energy's management on the date the statements
are made. Except as required by law, Range Energy Resources Inc. undertakes no
obligation to update these forward-looking statements in the event that
management's beliefs, estimates or opinions, or other factors, should change.