Dont forget MEPS ready to drill 4 holes back in 2006.
23 February 2006
Companies Announcement Office
Australian Stock Exchange Limited
20 Bond Street
SYDNEY NSW 2000
By E-Lodgement
RANGE SIGNS KEY TECHNICAL & COMMERCIAL TEAM FOR PUNTLAND OIL EXPLORATION
Further to the signing of Mr. Geoff Blackburn to head the Company’s mineral exploration
effort in Puntland, the Company is pleased to advise that it has entered into a Technical
Services Agreement (“TSA”) with Middle East Petroleum Services Limited (“MEPS”), a highly
experienced team of petroleum geologists and geophysicists with key experience in the
region. The MEPS team are firmly of the opinion that the Company’s prospects in Puntland
are directly analogous to the Yemen oil discoveries in the 1980’s and the rifting model that
has been developed in Yemen over the past 20 years.
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