Buy
Sell
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 0.0% 0.035 0.03 0.04 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 7.3 -9.0 -0.1 - 4

Range Resources Limited Drilling rigs sale update

25/11/2019 9:20am

UK Regulatory (RNS & others)


Range Resources (LSE:RRL)
Historical Stock Chart


From Oct 2019 to Oct 2020

Click Here for more Range Resources Charts.

TIDMRRL

RNS Number : 5113U

Range Resources Limited

25 November 2019

Range Resources Limited

('Range' or 'the Company')

25 November 2019

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATIONS (EU) NO. 596/2014 ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

DRILLING RIGS SALE UPDATE

Range, an international company with oil and gas projects and oilfield service businesses in Trinidad and Indonesia, provides an update in relation to the sale of four drilling rigs and related equipment of its subsidiary Range Resources Drilling Services Limited ("RRDSL"), as announced on 23 October 2019.

The buyer has undertaken a final inspection of the rigs on 22 November 2019. The Company is now awaiting the payment of the agreed cash consideration from the buyer of US$3.6 million plus late fees calculated at US$3,600 per day imposed from 23 November until closing occurs. The closing date has been extended to 10 December 2019. The Company will provide a further update upon closing.

 
 
   Contact details 
                                         Cantor Fitzgerald Europe (Nominated 
   Range Resources Limited                Adviser and Broker) 
   Evgenia Bezruchko (Group Corporate     David Porter / Rick Thompson (Corporate 
   Development Manager & Joint Company    Finance) 
   Secretary)                             t. +44 (0)20 7894 7000 
   e. admin@rangeresources.co.uk 
   t. +44 (0)20 3865 8430 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DRLKELBLKFFFFBZ

(END) Dow Jones Newswires

November 25, 2019 04:20 ET (09:20 GMT)

1 Year Range Resources Chart

1 Year Range Resources Chart

1 Month Range Resources Chart

1 Month Range Resources Chart
ADVFN Advertorial
Your Recent History
LSE
RRL
Range Reso..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20201025 14:04:36