RRS 0.00% 0.1¢ range resources limited

so much information, page-2

  1. 502 Posts.
    Get with the program, ghostie.

    You're so busy with your broken record of "inside info" (yawwnnnnn!) that you have neglected to read RRS and AOI announcements. It's all in the public domain, if u care to take the initiative.

    Just for you - cast your eyes over this recent AOI release. Significant and relevant bits are highlighted, to make it easy for you:

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 31, 2007) - Africa Oil
    Corp. ("Africa Oil" or "the Company") (TSX VENTURE:AOI) reports that
    it has granted 250,000 incentive stock options to a director of the
    Company. The stock options are exercisable at a price of $5.26 per
    share over a period of three years and are subject to vesting
    provisions.

    The Company holds an 80% interest in two licenses encompassing the
    highly prospective Dharoor and Nogal Valleys in the state of Puntland
    in northern Somalia. Both blocks are considered world-class
    exploration plays with petroleum systems geologically similar to and
    formerly contiguous with those in the prolific oil producing Republic
    of Yemen.

    A comprehensive seismic reprocessing program, including review and
    integration of all geophysical and geological data, has been
    successfully completed on the Nogal Block. The Company 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-backs 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. The Company is scheduling a major seismic
    acquisition program over the Dharoor area and expects a seismic crew
    to be mobilized in early 2008.

    The Company has added another key member to its technical team. Mr.
    Paul Colyer has joined the Company as Drilling Manager. Mr. Colyer,
    considered one of the top drilling managers in the industry, brings
    over 35 years of experience to the Company. Mr. Colyer has spent the
    greater part of his career at Occidental Petroleum and has drilled and
    managed drill programs in both Yemen and Somalia.


    Forward-looking statements: This press release contains statements
    about expected or anticipated future events and financial results that
    are forward-looking in nature and, as a result, are subject to certain
    risks and uncertainties, such as political risk, general economic,
    market and business conditions, the regulatory process and actions,
    technical issues, new legislation, competitive and general economic
    factors and conditions, the uncertainties resulting from potential
    delays or changes in plans, the occurrence of unexpected events and
    management's capacity to execute and implement its future plans.
    Actual results may differ materially from those projected by
    management.

    ON BEHALF OF THE BOARD

    Rick Schmitt, President


    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.



    cheers Marny
 
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