RRS range resources limited

aoc presentation, page-3

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    Points of interest:

    AOC's budget for 2009 & 2010 doesn't include any allocated funding for the Somali concessions?

    In their exploration schedule they state, Dharoor-1 & Nogal-1 will be drilled between Dec 09 and May 2010?

    They also claim, "2 PSA's covering the Nogal and Dharoor blocks – AOI 80% interest - 2 exploration periods for each PSA totaling 6 years with a 6 month extension option"?

    Is this six month extension at the end of the six years or can they seek an extension to the first 3 year exploration period?

    Looks like my hunch was right!
 
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