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range resources misinformation, page-18

  1. 31 Posts.
    There is a lot of misinformation flying around and I hope I put things straight for the uninformed.

    First, CNOOC deal was not completed and the negotiations pointed towards a promise to own part of the so called future Somali Petroleum Corporation(SPC) - which I heard will not be subjected to sell and it will be 100% owned by the Somali government. CNOOC has been promised blocks in "open" areas that were not under "force Majeure" .

    Question! if a major oil company like CNOOC is avoiding previous "force Majeure" areas what gives rights to an Australian unknown company by the name of Range to own previous assets of reputable companies? or have they been cheated by their promoters in Puntland that they are KINGS and control the whole of Puntland?Do Research on that before you "put" your hard earned cash on the line!

    Just ask your selves what happened to the following deals that have come a cropper for Range:
    1.Korean National Oil deal.....
    2.MEPS......
    3.Lundin...... do not confuse Lundin Petroleum and Africa Oil they are two different animals
    ...etc

    I think Range Shareholders should pay me for this important news!
 
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