"Range Resources jumped 1?p to 18p amid growing excitement over its imminent exploration campaigns. The oil group is about to start drilling in the Republic of Georgia, and then it will take a punt on Puntland in Somalia. Bosses have also said Range will look for black gold in a new continent, with their next target rumoured to be Columbia. By 11am, almost 20 million shares had changed hands, making Range London's fifth most traded stock".
Interesting if true.
RRS Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
