RRS range resources limited

Mar 142008"On the shoulders of super majorsReady to drill, high...

  1. 2,232 Posts.
    Mar 14
    2008

    "On the shoulders of super majors

    Ready to drill, high impact exploration acreage with billion barrel potential is hard to come by in the junior oil and gas space. The potential value of Range Resources’ portfolio of exploration assets inherited from super major oil companies sets it apart from many other AIM-listed explorers. Operations, located in an autonomous region of Somalia, come with inevitable political concerns. However, a stable government, a drilling programme planned for 2008 and attractive farm-in terms, mean that the potential upsides more than compensate for downside risks."

    http://www.edisoninvestmentresearch.co.uk/research/category/Range%20Resources

    Edison is Europe's leading independent investment research company.

    With a team of 44 including 29 analysts supported by a department of supervisory analysts, editors and assistants, Edison writes on more than 200 companies across every sector.

    Working directly with corporates, investment banks and fund managers, Edison's research is read by every major institutional investor in the UK, as well as by the private client broker and international investor communities. Edison was founded in 2003 and is authorised and regulated by the Financial Services Authority.




 
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