Great read....
http://www.rangeresources.com.au/fileadmin/user_upload/research_Reports/Edison_Research_Note__14.03.08_.pdf
"Ready to drill, high impact exploration acerage with billion barrel potential is hard to come by in the junior oil and gas space. The potential value of Range Resources' portfolio 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"
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