Old Park Lane Capital: Trinidad and Georgia update28-07-11Range...

Old Park Lane Capital: Trinidad and Georgia update
28-07-11

Range has announced that the Mukhiani-1 exploration well in Georgia is progressing as expected. The well has reached a depth of 510m and the company will continue drilling to approximately 700m after which casing will be set and logging performed. Meanwhile, in Trinidad, Range has already commenced a 21 well development programme to target an increase in production to over 1,400bopd. This is more than double the current output.

Range Resources - Trinidad and Georgia update (65 kB)
http://www.rangeresources.com.au/fileadmin/user_upload/research_Reports/RRL_28_07_11.pdf