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Caps Lock on… DAVID LENIGAS on this week’s Share Views!! Watch here

Share Views Episode 10 - DAVID LENIGAS talks Gatwick Gusher and AAAP


Range Resources Ltd Share Chat (RRL)



Share Price: 0.475Bid: 0.43Ask: 0.529Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.099Spread as %: 23.02%Open: 0.475High: 0.00Low: 0.00Yesterday’s Close: 0.475


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Celticheart
Posts: 9,846
Observation
Opinion:No Opinion
Price:0.45
RE: OPEC revenue 2015 major decline
3 Sep '16
So the question is how much longer do you think Opec will stand taking this kind of a hit from low oil prices dictated by Saudi
 
Celticheart
Posts: 9,846
Observation
Opinion:No Opinion
Price:0.45
OPEC revenue 2015 major decline
3 Sep '16
Monday, August 29, 2016
According to a recent report from the EIA, OPEC members saw a significant decline in oil export revenues over 2015. The EIA estimates that OPEC members earned about $404 billion in net oil export revenues, a drop of $349 billion, or 46% less than earnings in 2014.
This is the lowest earnings for OPEC since 2004.
The decline in oil export revenues is mainly a result of a precipitous fall in average annual crude oil prices during over the year, and to a lesser extent because of decreases in the level of OPEC net oil exports. These net export earnings include Iran, unlike in previous reports.
EIA predictions for 2016 are not very rosy for the cartel either; the EIA said it projects that OPEC net oil export revenues could fall further to about $341 billion dollars for 2016, based on projections of global oil prices and OPEC production levels in EIA’s June 2016 Short-Term Energy Outlook (STEO).
For 2017, OPEC revenues are projected to be $427 billion, with an increase in forecast crude oil prices, coupled with higher OPEC production and exports, contributing to the rise in overall earnings.
ChickenChallenge
Posts: 413
Off Topic
Opinion:No Opinion
Price:0.45
RE: Colombia consortium
3 Sep '16
OilSpill, 20, 25 or 30 % down ?
waythewindblows
Posts: 24
Off Topic
Opinion:No Opinion
Price:0.45
Range
3 Sep '16
Optima Oil Corporation is a private company therefore Range is unable to provide any further details on its behalf. Optima is an independent company and is not in any way affiliated with Range.
waythewindblows
Posts: 24
Off Topic
Opinion:No Opinion
Price:0.45
Optima
3 Sep '16
Optima Colombia Oil Corporation is a company within the industry companies of crude oil and natural gas in Bogota. The privately held company was founded in 2013.

Address
Transversal 21 98 05
Bogota, 818
Colombia

Phone
1 623 0199

Employees and Executives
Legal S A S Bdo
Carlos Walter Guevara Hincapie
Fenelon De La Chiquin Gimenez Gonzalez

The company has 11 employees (estimated)
OilSpill
Posts: 565
Off Topic
Opinion:No Opinion
Price:0.45
RE: Colombia consortium
3 Sep '16
do they call you dream.....etc because you cant get through a sentence with failing asleep...zzzzzZZzzz
;-)
Dreamboatwarrior
Posts: 3,785
Off Topic
Opinion:No Opinion
Price:0.45
RE: Colombia consortium
3 Sep '16
You probably shouldn't say anything .........Zzzzzzzzzzzz
OilSpill
Posts: 565
Off Topic
Opinion:No Opinion
Price:0.45
RE: Colombia consortium
3 Sep '16
it's all if's 'n' buts, should not, shouldn't not won't...
Well one thing is for sure the markets should not like this or should I say wont....
Dreamboatwarrior
Posts: 3,785
Off Topic
Opinion:No Opinion
Price:0.45
RE: Nearly 24 hours later
3 Sep '16
Hi Mick
Having spent so long trying to improve every aspect of RRL and the way in which it has been run , I suspect they will be looking to give a open ( as far as possible ) appraisal to investors in the coming days ..... Hopefully storms and teacups will be involved and we can refocus on the decent progress they "appear" to be making in Trinidad.
Dan
bountyman
Posts: 1,530
Off Topic
Opinion:No Opinion
Price:0.45
RE: Nearly 24 hours later
3 Sep '16
My view summed up nicely there Mick.

KRO




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