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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 |
TIDMRRL
RNS Number : 0141X
Range Resources Limited
24 April 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.
SUCCESSFUL CONCLUSION OF THE LEGACY MATTER IN COLOMBIA
Range, an international company with oil and gas projects and oilfield service businesses in Trinidad and Indonesia, is pleased to announce that the court in Colombia has approved the decision to settle all outstanding historic claims and disputes between Agencia Nacional de Hidrocarburos ("ANH") and the consortium of Optima Oil Corporation and the Company (the "Consortium").
As previously announced, the key terms of the settlement arrangement are that ANH confirms that Range (and the Consortium) has no liability for any payments or debts, all proposed penalties have been lifted, the Consortium agrees to waive all potential claims against ANH and the Consortium agrees to the termination of the exploration licences.
Range acknowledges the constructive approach taken by all parties and is delighted with the outcome which brings an end to this legacy matter.
Contact details Cantor Fitzgerald Europe (Nominated Range Resources Limited Adviser and Broker) Evgenia Bezruchko (Group Corporate David Porter (Corporate Finance) Development Manager & Joint Company t. +44 (0)20 7894 7000 Secretary) 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
MSCEAPLLAEFNEFF
(END) Dow Jones Newswires
April 25, 2019 02:00 ET (06:00 GMT)
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