RRS range resources limited

trinidad (mukhiani) - spud at end of july

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    http://stockeye.weebly.com/news-calendar.html

    Range Resources (Georgia Mukhiani Well)

    All Day Event Jul 11, 2011
    Range Resources (RRL) is expected to spud its Murkhiani well which is targeting the Vani 3 prospect in early July. Vani 3 has a best estimate of gross undiscovered oil in place of +115 million barrels (46 million attributable to Range's 40% interest). Drilling is expected to reach its target depth of 3,500 metres within 45-55 days from commencement of drilling. The well is the first of two to be drilled in Georgia by Range and its Joint Venture partners during 2011.
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    { At last, progress is beginning to bear fruit? News next week on ECV and NCR? A nice steady news flow now, should put current sp to bed for good!)

    http://www.mbendi.com/indy/oilg/am/tt/p0005.htm

 
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