Range Resources Share Discussion Threads

[rhubarbe] 09/4/2010 16:55

Hey, how about that. I bought 1913 with the spare cash in my ISA.

So you're still last of the big spenders.

[paulres] 09/4/2010 13:20

Just topped up, that 554 was mine with a spare £20 in the account ;-)

Last of the big spenders huh!!

[brasso3] 09/4/2010 13:19

Stinto

Thanks.

[malctim70] 09/4/2010 12:47

Whatever this email says, it seems to be bringing in the buyers....keep up the good work....

[notarealdr] 09/4/2010 12:15

OK, OK, I'll come clean....me and some of the others are paying PWHITE to deramp the stock so we can buy even more at the right price. PW is a gun-for-hire and we love him for it. Mind you he has some very strange pecadilos.

Keep up the good work PW, I need another 2% or 3%.

[topicel] 09/4/2010 12:12

Hi Stinto - I'm in the same small-time league but would like to see the e-mail to make me feel luverly over the weekend about my £6-worth.

Cheers

Topicel

[wattzy] 09/4/2010 12:12

Stinto,

Just got lucky with about 4 shares, GKP being one of them. That's why this share is so exciting especially now we have Texas to at the underpin the price with the blue sky stuff to come, bit like GKP this time last year.

Have to be init to win it as they say.

Good luck

[ffjohn] 09/4/2010 11:57

Stinto

I have set up an email box at [e-mail] if you dont mind me forwarding the email you sent me I am happy to do this as it is a spare account.

[wattzy] 09/4/2010 11:50

Cheers boys well chuffed. Looking forward to the rest of the year, pity you can't do a t-20 in your trading isa, can't afford to put this years allowance in yet.

Just worked out i owe mr taxman 33 grand for last year.

[captainnelsonforties] 09/4/2010 11:43

Size of Smith seems to be in the expected range so no compalints there, a very healthy and significant development. Any upgrades to those numbers will require either a) better than expected performance from the other two pay zones (b the next or future wells coming in with higher net payable or better than expected characteristics or well performance. Its a very healthy development for RRL to have on their books.

The size of the storage tanks are adequate for several days production from the fully stimulated well imo (we'll see how results develop). That's pretty standard and has the capacity at present for several flowing wells with shipments every few days from site. Decent sized tanks and should be more than adequate for fully flowing, fully stimuated several wells around this location. They've spent the $ to get this developed, you don't do that with non commercial wells. I've been banging on since I invested about the production index of just 20ft of this well under tight choke and immense pressure. It not only looks like a commercial well but also a quality development on what we know to date. Only a small part of the pay zone has been tested and that was restricted to tight choke, flow rates have been improving since the well has been cleaning up (its all there in the news releases folks).

I invested here for Texas initially and have said that many many times, did I invest because I thought Texas was non-commercial? Hell no, I'm just waiting for it to show me the money, as well as PL and for the rest of the shareholders etc. Like all developments in this industry it takes time to drill the wells and bring them to prouction, but in most cases on the right companies the patient are well rewarded. Its a case of let em get on with the job in Texas, and a Sterling job they've been doing there to date. Well sunk, completed and in procduction in no time, number 2 due. Keep em coming PL. The reserve reports and future updates to it are based on well performance data.

Captain Nelson Forties

[cashandcard] 09/4/2010 11:39

wattzy,

It would be a 10 when compared to my previous estimates. You'll have to trawl back to find what that is.

Cash

[ffjohn] 09/4/2010 11:37

Stinto

I have set up an email box at [e-mail] if you dont mind me forwarding the email you sent me I am happy to do this as it is a spare account.

[poisson rouge] 09/4/2010 11:36

Very good Wattzy, very confident indeed

[wattzy] 09/4/2010 11:35

Can someone please just say if it's good or bad on a scale of 1-10 thanks guys.

[bigneil9] 09/4/2010 11:34

Yep, many many thanks Stinto, legend!

[poisson rouge] 09/4/2010 11:32

Thanks Stinto, much appreciated

[ffjohn] 09/4/2010 11:30

Sorry Stinto me too please

[e-mail]

Thanks

John

[pcolman1] 09/4/2010 11:23

stinto,

can you forward me the mail on [e-mail]

[fairdeal2008] 09/4/2010 11:22

mingle

would appreciate a cc please

[e-mail]