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This is great news.. 145ft of net oil play.. if you put this...

  1. watchingyou
    151 Posts.
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    08/08/11
    16:35
    Post #: 8790812
    This is great news.. 145ft of net oil play.. if you put this into some sort of perspective.. Nelsons column in Trafalgar Sq. in London is 145ft tall..thats one "deep lake" we've got here.
    Look at this another way..
    21st Dec.2009. Announcement.
    Range confirms oil & gas discovery in Texas with 120ft net pay thickness..
    After Lonquist done there sums = 25% to Range = $226 million.
    Today 145ft..thats 25% more than than Texas and 100% to Range.could we be talking $1 Billion+? Happy days indeed.

    Go Range
    RRS Price at posting: 17.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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