Range Resources (ASX:RRS, AIM:RRL) has announced the resignation...

Range Resources (ASX:RRS, AIM:RRL) has announced the resignation of Peter Landau and Anthony Eastman from the board, effective immediately.

The company will recruit two new Australian directors.

Range has made significant progress recently on increasing oil production at its flagship Trinidad project.

It has signed up China’s LandOcean Energy Services, one of the country’s largest private listed oilfield services businesses, as its preferred provider for services including geoscience, engineering, procurement and construction.

LandOcean will also provide Range an option for up to US$50 million in financing.