exciting times ahead for rrs....?

http://www.trinidadexpress.com/business/CEO__BP_won_t_sell_its_Trinidad_assets-111165844.html

There is no doubt about it, PL has hit the ground running!
So much going on now, I never know what I am to expect next!
AND, I woudn't be surprised if later on RRS got 'an approach' from BP ?
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http://www.rangeresources.com.au/fileadmin/user_upload/asx/Range_Resources_Progress_Update.pdf

http://www.rangeresources.com.au/fileadmin/user_upload/asx/Range_Resources_Progress_Update.pdf


For the remainder of 2011 we plan to drill a further 20 of these shallower well targets in the
existing oil reservoirs, having recently spudded the first of these last week, targeting an
increase in production to between 1,400 and 1,800 bopd by year end and then continue to
systematically work through this inventory while testing select exploratory prospects.
In addition, we?re also in the process of re‐interpreting the existing 3D seismic over the highly
prospective Herrera Formation. The Herrera Formation is a Miocene aged deep‐water
sandstone that is a prolific producer and present on a regional scale. Producing fields in the
Herrera Formation located adjacent to Range?s acreage are producing at rates of 500 to
2,000 bopd. We have numerous existing leads which, subject to successful exploration
drilling, could have the potential to increase gross production to between 8,000 and 10,000
bopd and add 100 million barrels (Mmbbls) of additional recoverable reserves. It is
anticipated that the first of these Herrera leads will be targeted to drill in October 2011.