Register
Login:
Share:
Email Facebook Twitter

VIDEO EXCLUSIVE: TSX-listed Transglobe Energy Corporation considers London listing Watch here

VIDEO EXCLUSIVE: TSX-listed Transglobe Energy Corporation considers London listing


Range Resources Ltd Share Chat (RRL)



Share Price: 0.34Bid: 0.33Ask: 0.35Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.02Spread as %: 6.06%Open: 0.34High: 0.00Low: 0.00Yesterday’s Close: 0.34


Share Discussion for Range Resources Ltd


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


Celticheart
Posts: 12,470
Observation
Opinion:No Opinion
Price:0.34
View Thread (2)
RE: Range is in the process of acqu..
13 Sep '17
You misunderstood me LO will get paid for the drilling but the resulting oil revenue will belong to Range.
 
Discovery1
Posts: 15
Off Topic
Opinion:No Opinion
Price:0.34
View Thread (2)
RE: Range is in the process of acqu..
13 Sep '17
Wrong answer,

LO the owners of RRDS will get the revenue for drilling as they are owners.

Not good that RRL are increasing our debt to LO when we are just about to buy the assets. Very poor imho
Celticheart
Posts: 12,470
Observation
Opinion:No Opinion
Price:0.34
View Thread (2)
Malcy's blog
13 Sep '17
Range has announced that it has spudded the QUN 161 development well on the Morne Diablo field, the well is targeting the Lower Forest and Upper Cruse horizons and will be at TD in around two weeks. It is being drilled by RRDSL which is being acquired by RRL using one of their newest and most up to date units. Although Range is still suspended I can’t imagine that it will be too long before the listing returns…
Celticheart
Posts: 12,470
Observation
Opinion:No Opinion
Price:0.34
RE: Range is in the process of acqu..
13 Sep '17
Range will of course get the revenue, RRDS are the drilling company not the operator, not yet anyway.
Discovery1
Posts: 15
Off Topic
Opinion:No Opinion
Price:0.34
Range is in the process of acquirin
13 Sep '17
That is the significant bit of the RNA....who gets the revenue from these drills ?
Celticheart
Posts: 12,470
Observation
Opinion:No Opinion
Price:0.34
View Thread (2)
RE: Hollow Sword
13 Sep '17
I have a 3 million holding @ an average of 1.4 that is all you need to know, I have no intention of spoon feeding you trade by trade how I got there. So enlighten us, just how long have you been posting and in how many identities because there is no way you can only have been posting since July.
HollowSword
Posts: 360
Off Topic
Opinion:No Opinion
Price:0.34
View Thread (2)
RE: Hollow Sword
13 Sep '17
You do simple well.

Why you are guessing when CH can tell for himself is baffling, but you go for it...

These are the figures CH posted himself. Bearing in mind the SP at the time, and the 6 months of suspension.

August 2017 - Claims Holding: 3.00m shares @ 1.4p

August 2016 - Claims Holding: 2.75m shares @ 2.3p
Mickdee
Posts: 2,418
Off Topic
Opinion:No Opinion
Price:0.34
Hollow Sword
13 Sep '17
I'll keep it simple for you
If you have 1,000,000 shares at 2.3p your average is 2.3p and costs £23,000
If the share price drops to .2p and you buy another 1000000You now have 2 million shares at a cost of £25000 and your average is now 1.2p
THESE DROPS HAPPEN BECAUSE THE SP HAS DROPPED NOT RISEN.
The more shares you buy at the bottom the lower your average becomes and a drop from 2.3 to 1.2 can be done in a single transaction!
Celticheart
Posts: 12,470
Observation
Opinion:No Opinion
Price:0.34
View Thread (2)
RE: New spud RNS
13 Sep '17
I guess game changer is a little bit too enthusiastic but like you I am delighted to see us back drilling. I wasn't really referring to this one drill, with just two weeks to TD I hope to see this as part of a step out program to grow production, in conjunction with our waterflood. The Herreras is the one to look forward to but I do feel that the current management are going to grow production steadily rather than take any major risks at this juncture.
bountyman
Posts: 1,716
Off Topic
Opinion:No Opinion
Price:0.34
KRO
13 Sep '17
Its keep right on BTW, sorry Birmingham City fan for my sins... how many mirrors did I break in a previous life with Range and thr Blues.

KRO

Bounty




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.