Riverfort Global Opportu... Share Discussion Threads

[twodegrees] 23/11/2018 16:01

178k purchase someone is keen

[davidlloyd] 21/11/2018 09:04

wrong time of year for rhubarb....

DL

[seaclipper] 28/12/2016 17:24

Where is that rhubarb these days ???

[seaclipper] 28/12/2016 17:23

JONNO1 - Just looked in - Well after all this time at LAST some news on RGO, MANY THANKS FOR THE POST not sold a single share still holding and looking good for better times - I hope ??????

[jonno1] 12/11/2016 17:27

NEWS!!!!

Range Energy Resources Inc.: Shewashan Operations Update
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 10, 2016) - Range Energy Resources Inc. ("Range" or the "Company") (CSE:RGO)(FRANKFURT:YGK) announces that, on November 10, 2016, Gas Plus Khalakan ("GPK"), the sole contractor of the Khalakan PSC in the Kurdistan Region of Iraq, issued an operations update regarding the Shewashan field.
The GPK operations update outlines the continued operating and development events occurring on the Shewashan field including the spud of a new well, Shewashan-4. Key events include;
Shewashan-4 Spud: The 4th Shewashan production well has been spud with dual targets including the existing productive zones in the Cretaceous and the unexplored and deeper Jurassic formation.

Shewashan-3 Drilling Continues: The deviated well is drilling in the targeted Cretaceous reservoir with completion and production expected to occur before the end of the year.

Oil Production and Sales Continue: Oil sales from the Shewashan-2 well have averaged 3,600 bopd in 2016 with deliveries to the KRG's Bazian refinery. Proceeds from oil sales have been received through the end of June.

Seismic Reprocessing: GPK continues to reprocess and remap existing seismic data which is indicating further oil potential in the reservoir attic.

Revised Reserve Audit: Reserve auditor DeGolyer & MacNaughton will revise the existing 2015 reserve report and is expecting the report to be published prior to year-end.

Range shareholders may review details of the GPK Operations Update here:
hxxp://www.newafricanglobalenergy.com/Related_News
Toufic Chahine, Chairman of Range provided the following comment:
"Shewashan's development continues to progress at a rapid rate and we are excited to be actively drilling with two rigs on the block and targeting additional productive capacity in the Jurassic reservoir. In the near term we look forward the results of the Shewashan-3 well and the revised reserve audit published by DeGolyer & MacNaughton."
The Company is a 24.95% indirect shareholder of GPK through its ownership of 49.9% of the shares of New Age Alzarooni 2 Limited ("NAAZ2"). NAAZ2 owns 50% of the shares of GPK.
For further information on Range Energy Resources Inc., please visit the Company's web site at www.rangeenergyresources.com.

[ih_539317] 22/8/2015 20:37

Email me to discuss ... [e-mail]

[seaclipper] 11/11/2014 21:54

JONNO1 - i do not think you will be able to get any of these at 5 cents when LGO comes back and the halt is lifted, i fully expect this to go into orbit double quick time. i wish you well and hope you do get some.

[jonno1] 08/11/2014 15:49

November 7, 2014 NEWS RELEASE NON-BROKERED PRIVATE PLACEMENT FINANCING Vancouver, BC, Canada – Range Energy Resources Inc. (the “Company”;) (CSE: RGO) (FWB: YGK) is pleased to announce a non-brokered private placement of up to 30,000,000 units of the Company at a price of CDN$0.05 per Unit for gross proceeds of up to CDN$1,500,000 (the “Offering̶1;). Each Unit will consist of one (1) common share (the “Common Share”) and one (1) transferrable share purchase warrant. Each warrant will entitle the holder thereof to purchase one (1) additional Common Share for a period of five (5) years from the Closing Date of the Offering at a price of CDN$0.05 per Common Share. The closing of the Offering is subject to receipt of all necessary regulatory and Board approvals. The securities issued pursuant to the Offering will be subject to a four month hold period in accordance with applicable Canadian securities laws. The Company anticipates that there will likely be insider participation in the Offering. The capital from the Offering will be used by the Company to continue to fulfill its obligations to joint venture participants so that the development of the Khalakan Block in the Kurdistan Region of Iraq can continue as well as provide general working capital. For further information on Range Energy Resources Inc., please visit the Company’s web site
Read more at hxxp://www.stockhouse.com/companies/bullboard/c.rgo/range-energy-resources-inc#EUZjRZMelOzqGD2O.99


tempted to add some at 5 cents, with the Oil find and Kurdistan actually making some announced payments things should get interesting here one day! either a buyout at a decent premium, or we actually produce oil in the years to come and the mcap changes dramatically???

[blackswan007] 31/10/2014 16:13

It is on this map:

hxxp://www.westernzagros.com/wp-content/uploads/2011/12/140512_operator_activity_EXTERNAL.pdf

[seaclipper] 31/10/2014 15:42

Cheers roily, i think this is the second drill and i am not at all sure of the location of this discovery, i have a gut feeling it could be in line with those either side of the Kalakan block, perhaps a map may emerge showing the location.

[roily] 31/10/2014 12:09

RGO is just a bit player in Khalakan and they are operating at about 20 arms reach and the market knows that the news flow is choked off so any news from them is significant and someone warranted the stop.

I have never received anything from RGO and I am not sure what the issue is but it is now known that they own a small piece of a commercial discovery so at some point I suspect they will know what the discovery is and the news will come out and it could before Christmas.

Despite the obvious legal issues I think my investment will pay off as I doubt LNG is making up the commercial discovery stuff.

[seaclipper] 31/10/2014 11:07

OK - seems i was a tad harsh, but RGO do not communicate with their shareholders as well as they could, they have not fully explained the need for the Halt, orderly market !! why do they need to do that for a discovery ! must admit i have never seen that before and i do hold a few oilers.

[roily] 31/10/2014 09:46

Sea clipper I suggest you back read as they released very significant news, that being a commercial discovery. Their issue continues to a lack of transparency with New Age.

[jonno1] 23/10/2014 12:56

Range investor Gulf LNG increases holdings to 61.8%
2014-10-22 14:47 MT - News Release



An anonymous Gulf LNG director reports

GULF LNG INCREASES HOLDINGS OF RANGE SHARES

Further to the news release of Range Energy Resources Inc. dated Oct. 8, 2014, announcing the company's non-brokered private placement of 20 million units, each unit consisting of one common share and one share purchase warrant, Gulf LNG America LLC purchased all of the units issued in the private placement. The Units were purchased by Gulf for $0.05 per Unit, for a total purchase price of approximately $1,000,000.

As a result of the Private Placement, Gulf now owns 340,127,272 common shares of the Company, representing 61.8% of the Company's issued and outstanding common shares. In addition, Gulf has the right to acquire an additional 272,227,272 common shares pursuant to the 20,000,000 share purchase warrants issued to it in the Private Placement as well as the 20,000,000, 25,000,000, 22,727,272, 122,000,000 and 62,500,000 share purchase warrants that Gulf had previously purchased in July 2014, June 2014, May 2014, November 2013 and March 2013, respectively. If Gulf fully exercised such share purchase warrants, it would own 612,354,544 common shares, which would represent 74.48% of the Company's issued and outstanding common shares. Immediately prior to the Private Placement, Gulf held 320,127,272 common shares of the Company, representing 60.4% of the Company's issued and outstanding common shares.

Gulf acquired the securities for investment purposes and intends to evaluate their investment and to increase or decrease their holdings in the Company as circumstances warrant.

The Units were issued to Gulf in reliance upon the registration and prospectus exemptions in Section 2.3 of National Instrument 45-106 - Prospectus and Registration Exemptions.

About Gulf LNG America, LLC

Gulf is a Houston, Texas-based investment firm specializing in energy investments, including projects in the Middle East.

We seek Safe Harbor.

© 2014 Canjex Publishing Ltd. All rights reserved.


Read more at hxxp://www.stockhouse.com/companies/bullboard/c.rgo/range-energy-resources-inc#pKTrEcO6D6Hstzbb.99

[jonno1] 20/10/2014 15:47

no call back as expected so far , 800k traded so far in Canada with no fireworks Price 5.5 06

[roily] 20/10/2014 11:03

Good luck, I gave up trying to get anyone involved in this to communicate.

[jonno1] 20/10/2014 09:47

Have requested a callback from GPK, not holding my breath!

[jonno1] 18/10/2014 15:31

Mr. Najib Ibrahim Mohd Al Zarooni serves as the Chief Executive Officer of Al Zarooni Enterprises. Mr. Al Zarooni is a highly respected investor from the Al Zarooni family in the United Arab Emirates. He specializes in managing and developing business strategy on an international scale. He focuses his expertise on the natural resource, telecommunication, real estate, fast moving consumer goods, hospitality and educational sectors. He serves as the Chairman of the Board at Unitra METS Group. He has been a Director of New Age (African Global Energy) Limited since August 27, 2008. Mr. Al Zarooni serves as a Director of Axiom Telecom and Blackgold Holdings Limited.

[jonno1] 18/10/2014 15:27

Mr. Stephen J. Lowden, also known as Steve, B.Sc., Master of Petroleum Engineering has been the Chief Executive Officer and Chairman of New Age (African Global Energy) Limited since June 26, 2007. Mr. Lowden serves as the Chief Executive Officer of Suntera Resources Limited. Mr. Lowden serves as the Chief Executive Officer of SUN Energy Limited. Mr. Lowden served as a Senior Vice President of Business Development/Integrated Gas at Marathon Oil Corporation until June 2005. At Marathon Oil Corp., he served as the President of Marathon International and Head of Corporate Business Development. Since 2005, Mr. Lowden has been involved with two private energy businesses focusing on assets in Africa. Prior to joining Marathon Oil Company in December 2000, Mr. Lowden was employed by Premier Oil plc since 1987, including Chief Petroleum Engineer, General Manager for Development and Production, an Executive Director of the board and Director of commercial and business development, responsible for international business. He served as a Commercial Business Development Director and Exploration and Production Director at Premier Oil Plc where he added over one billion barrels of oil equivalent (boe) of new resources. He joined Premier in 1987 and has extensive business development experience in Asia, Australia, the Caribbean, Europe, the Middle East and North Africa. Mr. Lowden has over 30 years of wide ranging experience in international oil and gas exploration, development, production and gas liquefaction with a track record in defining strategy and creating and acquiring new business. Throughout his career in the oil industry Mr. Lowden worked in the North Sea, Middle East, South East Asia and North Africa. Mr. Lowden serves as Senior Independent Director of Zoltav Resources Inc. and has been its Non-Executive Director since August 3, 2011. He has been a Non-Executive Director at Taipan Resources Inc. since April 2014. Mr. Lowden serves as a Director of SUN Energy Limited. He served as a Non Executive Director of Nexus Energy Ltd. since November 18, 2009. He served as a Director of Taipan Resources Inc. from May 28, 2012 to June 29, 2012. He served as a Non-Executive Director of Bowleven Plc from October 20, 2005 to December 13, 2007. Mr. Lowden earned a Bachelor of Science degree with honors in Pure Mathematics from Exeter University in Exeter, England, and a Master of Science degree in Petroleum Engineering from Imperial College in London.

[roily] 18/10/2014 14:01

Certainly if ISIS was not an issue all Kurd E&Ps were be in a much better place but the total lack of transparency here is going to put the brakes on RGO. Now that this news is out there I am hopeful that more will follow, the cats out of the bag so let it run.