2 puntland spuds in 2010!!!

Could rigs be mobilised to drill both Puntland onshore blocks in 2010? According to this statement in the latest RNS that could be possible.

Bottom of page 5.

"In Puntland, Range holds a 20% working interest in two licences encompassing the highly prospective Dharoor and Nugaal valleys with plans to drill two wells (TSXV:AOI) ? 65% Operator, in 2010."

The wording of RNS statements are VERY deliberate. We're being told something here.

In Q4 2010 we could have SIX concurrent drills- NCR, ETCV, Georgia, Trinidad and two onshore in Puntland.

W O W is all I have to say to that.

Trinidad looks like another stellar acquisition. The reserves are small and the prospects aren't enormous but we look free carried for much of the ride.


http://rangeresources.com.au/fileadmin/user_upload/asx/863750.pdf