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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Range Resources Limited | LSE:RRL | London | Ordinary Share | AU0000065989 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.035 | 0.03 | 0.04 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
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11/4/2010 10:19 | Fairdeal2008 What you look for is negative information. When you can't find any only then may a stock be suitable for investment. Websites like miningmaven, Rigzone or Oilvoice only tend to promote the positive side. They will only report the negative after the event has already happened. You cannot gain any valuable information by CEO interviews on any of these sites. The real questions that these sites should be asking but never ask are like:- "why have you not directly invested any of your own money into your own company if you think it is and going to be worth a multiple of today's price". | pwhite73 | |
11/4/2010 09:50 | Yes this answers a lot of the bull: | fairdeal2008 | |
11/4/2010 09:44 | eddiespotter, My wife and I go to Talkin a lot in the summer, its beautiful. Do you live east or west of it? I live to the west of it. A very short drive from it in fact. ATB, GD | greatfull dead | |
10/4/2010 23:17 | You watching the Masters? Fantastic day......... | monkey puzzle | |
10/4/2010 23:16 | and my post was nicely timed too, don't you think? | monkey puzzle | |
10/4/2010 22:55 | So what do you think of that latest interview? | monkey puzzle | |
10/4/2010 22:52 | MP - yes, I've worked out which one is the roach. White coat gives him away ;-> | steelwatch | |
10/4/2010 22:51 | I'm sure CNF will be gratious enough to acknowledge my efforts to find that excellent news......... | monkey puzzle | |
10/4/2010 22:50 | Here's the link....is that proof enough? | monkey puzzle | |
10/4/2010 22:48 | How could you question my post?...-; | monkey puzzle | |
10/4/2010 22:47 | So! Which of the last two posts is a load of old cobblers? 9058 or 9059 | steelwatch | |
10/4/2010 22:40 | For all investors here...read and enjoy......for PWhite....go sulk in a corner... Friday, 9 April 2010 Range Resources PLC: Q&A follow up Mining Maven notes the latest update from Range Resources (click here to view). Oil and Gas exploration is not, as they say, for widows and orphans; but as the story unfolds we continue to see a strong business model developing. We recently conducted an open Q&A session with Range Resources (AIM:RRL, ASX:RRS) where readers were invited to put their questions to the Company. (click here to view). The session generated a high level of interest and helped provide investors with some useful information regarding the company's activities. With so much expected to be happening at Range Resources, investors are no doubt keen to seek a more in-depth understanding on the progress being made. In this respect, there have recently been a number of material developments. The Texan discovery is now generating sales through the company's 25% stake in the project, thus the progression to oil and gas producer status continues. The successfully completed rights issue, combined with existing funds will enable the company to progress its Georgian oil and gas projects and its flagship Puntland interests, which is targeting multi billion barrel targets in Puntland, Northern Somalia. Lots to talk about, and to assist investor discussions, we felt it would be a good time to fire across a few quick questions to Pete Landau, Executive Director of Range Resources. It appears we timed our enquiries well, coinciding as they do with yesterdays update. So here are the questions Mining Maven sent to Range Resources, together with their answers. Thanks to Pete Landau for participating once again! Note: You will come across some technical terminology in this and other related articles. If you would like to research technical terms further, a good starting point is Texas: MM: With regard to the existing Smith1 well can you explain why you are proposing to fracture stimulate and comingle the two zones and what this process entails? Will fracturing and comingling help improve the flow rates? Do you have any ultimate flow rate targets, in this regard, from Smith1 well? PL: Yes - ultimate target is between 9-11mmcf per day and 650 - 950 bbls per day - fracing and opening up zones are pretty standard procedures. MM: You are planning to drill additional wells within the licence area. How likely is it that additional wells be situated in areas with gas and oil? PL: The second well will be an appraisal well located approximately 700m from the Smith #1. The well is expected to add reserves and production while helping to delineate the overall size of the reservoir. Georgia: MM: Could you briefly explain how drill targets are identified from the seismic data? Is this a desktop exercise or is this combined with on-site work in the field? PL: A combination of everything we have data wise to date - historical work (wells, geochem etc) and now the processed and interpreted seismic (when available Q2) - no more "on-site" work is required. MM: How attractive is Georgia as a location for investment and, if this was an option you chose, how would you go about identifying suitable farm-in partners? Would this be primarily through existing connections or would you consider other means such as opening a data-room for third parties to consider? PL: Already at least 5 other oil and gas companies operating in Georgia (producing). If the oil potential is demonstrated through the seismic process - farm in partners will be available mostly on the basis on how good the oil potential is (as opposed to Georgia as an attractive investment location). PSA terms are very reasonable and the country holds multi billion dollar pipeline infrastructure already. Puntland: MM: We note that the first Puntland well is due to be drilled in Summer 2010. We understand there are various preparatory stages leading up to spudding a well. Could you briefly summarise the key stages? Will you be able to provide updates to market during the preparatory process and also after spudding, on a similar basis to that provided by the company for Smith1 drilling? PL: Stages will include: - confirmation of drilling contractor and tying up of associated logistical support; - rig mobilisation; - delivery of equipment into Puntland; - site / camp establishment; - spudding of well etc . We will try and provide as comprehensive updates as possible, but with Africa Oil as operator we will have to take our lead from them. MM: Could you briefly explain the process you are following to secure partners for the Puntland offshore programme? PL: First and foremost get agreement from the government on offshore psa terms and conditions. Once in place can then move to a list of potential partners (many already briefed and have expressed interest) with terms sheet and programme regarding stage 1 seismic program on targeted areas | monkey puzzle | |
10/4/2010 22:38 | markth126 - 9 Apr'10 - 23:48 - 9038 of 9057 "If this was so undervalued why aren't big players piling in? Not a deramp as I am long here just concerned about recent dip" The reasons big players are not piling in are as follows. 1. Big players do not believe RRL have wells of any significance in Texas. 2. Big players do not believe RRL will ever be in a position to exploit its Puntland percentage due to the political instability in the country. 3. Big players do not believe RRL will ever be in a position to exploit its Georgia percentage due to the political instability in the country. 4. Big players are fully aware that Georgia was at war with Russia only two years ago. 5. Big players are mindful of the fact that there may not be any oil or gas in the wells that RRL have licences for in Georgia and Puntland. | pwhite73 | |
10/4/2010 16:57 | If they list on NYSE it'll cost money,but as you say it would be a positive move. Maybe they want US investors,and intend to raise more funds there.This sounds as if Texas could be a large producer. | three days | |
10/4/2010 16:55 | Eddiespotter - can confirm, Lake District hills look good from here, and warm enough for the first bee inspection of the season earlier this afternoon. Swallows returned this weekend with other migrants. All good! Alistair - I've read the discussion, but can't remember the source. Can you point out where it first arose. TIA | spangle93 | |
10/4/2010 16:43 | Three Days - Been discussed on here extensively plus other UK boards over the past few months recently where have you been not new subject my friend, positive move as I see it, do you have a problem there ? | alistair4444 | |
10/4/2010 16:13 | 2187 I've never heard about trading on the NYSE. Where did this come from? | three days | |
10/4/2010 15:12 | GD. As you say, glorious day here in Cumbria. My bees are flying and the sun is shining. Skiddaw top and hills beyond Talkin still white though. Like RRL the message of things to come has some way to go yet but the thaw will arrive. | eddiespotter | |
10/4/2010 14:29 | Stinto, as I said yesterday I keep my emails private to any company I email. I may share with a few who I trust but that's it. I too sliped up yesterday by posting an email from PL. I won't be doing it again. Lovely day, enjoy, GD | greatfull dead |
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