Ann: RRDSL New Contract Award, page-4

Range, an international oil and gas company with assets in Trinidad and Indonesia, and an oilfield
services business in Trinidad, is delighted to announce that Range Resources Drilling Services Limited
("RRDSL") has been successfully awarded a contract with Touchstone Exploration Trinidad Limited, a
subsidiary of Touchstone Exploration Inc ("Touchstone").
Under the work scope of the contract, RRDSL will provide turnkey services for initially drilling one well
on Touchstone’s onshore WD8 block in Trinidad. The work will be completed using RRDSL’s rig 17.
Rig 17 has been mobilized to the location ahead of commencement of drilling operations expected in
mid-August, subject to regulatory approvals. The drilling operations are expected to take approximately
15 days. Rig 17 is one of the four modern rigs which were purchased in 2015. The rig can be used for
both drilling and workover operations.
Yan Liu, Range's Chief Executive Officer, commented:
"We are extremely pleased to have secured a contract with a second operator in Trinidad this year, which
is a testament to the quality of RRDSL's services, HSSE standards, equipment and personnel. RRDSL
is an experienced oilfield services operator with a long track record of successful operations. Its current
and past clients include some of the largest operators onshore Trinidad. We are hoping to continue
expanding our client base and growing revenues by securing further contract work.”
RRDSL overview
RRDSL is an established oilfield services provider based in Trinidad, with successful track record of
operations of almost 15 years. RRDSL's assets are capable of supporting a wide variety of oilfield
operations and benefit from one of the most modern rig fleets across the Caribbean, comprising 13 rigs
and employing approximately 190 staff. Further information on RRDSL and its services can be found on
the website: www.rangedrilling.com