RRS 0.00% 0.1¢ range resources limited

is aoi looking at angola, page-2

  1. 502 Posts.
    Yup...it's them. And no prizes for guessing who could be in the shadows holding hands with them - from http://www.biyokulule.com/Puntland_exploration8.htm the contents of which were posted previously today by KOKO:-

    Range director Peter Landau predicts the company will reassign its Somali interests after the expected first discovery next year.

    The plan for Range is to expand its African portfolio from its Somali base, where it remains operator for the country's sprawling offshore acreage.

    Ongoing fundraising by Range in the world's capital markets will assist plans to jointly explore more African acreage onshore Angola to the north of Luanda.

    Range is jointly bidding with an undisclosed company for a production sharing licence, which Landau said is unlikely to be awarded under competitive tender.


    Fascinating stuff revealed to Barry Morgan (based in London, Upstream Online)....hmmmnnn...."reassigning its Somali interests after the expected first discovery next year"

    does the Angoloan PSA "unlikely to be awarded under competitive tender" mean another paper bag job?!

    cheers
    Marny
 
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