News: RRS Range Resources Sells Range Resources Trinidad To Landocean

Nov 29 (Reuters) - LandOcean Energy Services Co Ltd 300157.SZ :

• COMPANY UPDATE
• LANDOCEAN HAS PROVIDED FIRST TRANCHE OF CASH CONSIDERATION OF US$0.5 MILLION TO CO
• CONFIRMS CO RECEIVED REQUIRED APPROVALS FROM SHAREHOLDERS AT AGM FOR SALE OF RANGE RESOURCES TRINIDAD LIMITED TO LANDOCEAN
• SALE OF RANGE RESOURCES TRINIDAD TO LANDOCEAN A CASH CONSIDERATION OF US$2.5 MILLION
• CONSIDERATION FOR RANGE RESOURCES TRINIDAD DEAL ALSO INCLUDES OFFSETTING DEBT & PAYABLES DUE FROM CO, UNITS TO LANDOCEAN & ITS UNITS