RRS 0.00% 0.1¢ range resources limited

One might well ask why was the earlier article pulled.In...

  1. 104 Posts.
    One might well ask why was the earlier article pulled.

    In addition they now have the following article in the "Somalia" Section of their website - not the "Headline" section where they trumpet their usual anti RRS tripe.

    I know its old news - but interesting to see GO publish it without comment.

    Source: http://www.garoweonline.com/artman2/publish/Somalia_27/Somalia_Range_Resources_First_Well_Expected_To_Start_In_Quarter_2008.shtml

    Somalia

    Somalia: Range Resources First Well Expected To Start In 2008
    4 Nov 4, 2007 - 3:52:12 PM

    November 02, 2007

    Range Resources today said that its first well is expected to be spudded in the first quarter of 2008.

    The company said that Seismic has been successfully completed on the Nogal Block in Puntland and that it's drill program is also planned for the Dharoor block.

    The company said that Africa Oil is earning an 80% interest (from Range) and is operator.

    It said that it is extremely encouraged by the progress Africa Oil is making and looks forward to further progress.

    A seismic reprocessing program, including review and integration of all geophysical and geological data, has been successfully completed on the Nogal Block.

    Africa Oil expects to mobilize a drill rig into the area in late 2007/early 2008 with the anticipation of spudding the first of two back-to-back wells in the first quarter of 2008.

    A drill program is also being planned for the Dharoor Block to follow the drill campaign at Nogal.

    Africa Oil is scheduling a major seismic acquisition program over the Dharoor area and expects a seismic crew to be mobilized in early 2008.

    Africa Oil has added another key member to its technical team. Mr. Paul Colyer has joined the company as Drilling Manager.

    Mr. Colyer, brings over 35 years of experience to the Africa Oil . He has spent the greater part of his career at Occidental Petroleum and has drilled and managed drill programs in both Yemen and Somalia.

    Range would also like to clarify statements attributed to His Excellency, Puntland President Hersi on a website suggesting that the Range and Africa Oil exploration effort could be suspended due to the recent tensions in Las Anod with Somaliland.

    The statements are not accurate and the President is committed to ensuring that the exploration effort proceeds as expeditiously as possible and will ensure that Puntland's borders remain secure to assist in fast tracking the exploration effort.

    Source: Dow Jones & Company, Inc.
 
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