Things tracking along nicely for Range in Georgia, Texas and Trinidad.
No mention of Puntland though is a bit disconcerting. The June 23 Company Presentation stated spudding expected in July/August. If that is the case, there must be some sort of movement that is worthy of inclusion in yesterdays update.
I am sure that PL will want to see this through and not let it drop off the radar. Afterall, he is the one who initiated the discussions with the Puntland regional government. He is the one who travelled in an armed escort of 17 vehicles to inspect the sites. I know some people will say that they don't factor in any success in Puntland and that Georgia is the major play but c'mon, a multi-billion barrell oil field is going to make a huge difference, even at 20%.
I think the broker/analyst tour is a great idea and hopefully those who attended have realised that this will not be a 25c company for too much longer. I would like to see some media generated in the mainstream and financial press by the analysts who took part and would be keen to get a feel for their sentiment.
Overall, the wait continues but we press ever onward, safe in the knowledge that PL and his team are ticking the boxes and generating significant value for the company.
The very best of luck to all holders.
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