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Range Resources Ltd Share Chat (RRL)



Share Price: 0.35Bid: 0.33Ask: 0.37Change: -0.01 (-2.78%)Faller - Range Res.
Spread: 0.04Spread as %: 12.12%Open: 0.37High: 0.37Low: 0.35Yesterday’s Close: 0.36


Share Discussion for Range Resources Ltd


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petebo
Posts: 1,647
Off Topic
Opinion:No Opinion
Price:0.3405
RE: Another step forward for Range
18 Jul '16
If only the Chines would adpot a 'can do' or even better 'can do ontime' attitude.
Rex, if they have a cunning plan NOT to drill much as you hint at they should tell shareholders and not constantly lie to us.
 
Rexco
Posts: 3,002
Observation
Opinion:Buy
Price:0.3405
RE: Another step forward for Range
18 Jul '16
Others not taking account of low oil price and prime policy of water flooding.

Range need higher production levels and preferably a higher oil price. This has to be done via water flood to maximise returns and use of funds. Basic economics that the Chinese understand but many shareholders do not.
We have been dealt this hand when the alternative was losing everything.
Time to suck it up and leave it to the professionals on the BOD who have stopped the company haemorrhaging money and have accepted lower pay.
Thank goodness we are leaving the EU since so many have been infected by their can't do attitude. Time for the British bulldog spirit to come back.
Celticheart
Posts: 9,703
Observation
Opinion:No Opinion
Price:0.3405
RE: Another step forward for Range
18 Jul '16
Now that is just being pedantic.
petebo
Posts: 1,647
Off Topic
Opinion:No Opinion
Price:0.3405
RE: Another step forward for Range
18 Jul '16
Again Celtic you post to deliberately mislead. Range said they would spud this well early July and not Mid July as you post
rob295
Posts: 1,982
Off Topic
Opinion:No Opinion
Price:0.3405
RE: RNzzZZzz
18 Jul '16
Lol
Celticheart
Posts: 9,703
Observation
Opinion:Strong Buy
Price:0.3405
Another step forward for Range
18 Jul '16
Range have once again done what they said they would, spudded the second well mid July. Just three weeks to TD by which time we could have approval for the other three rigs, if not then shortly after. All good IMHO.
OilSpill
Posts: 499
Off Topic
Opinion:No Opinion
Price:0.3405
RNzzZZzz
18 Jul '16
...still waiting.
Celticheart
Posts: 9,703
Observation
Opinion:Strong Buy
Price:0.3405
RE: RNS OUT
18 Jul '16
There is no certainty tat they will drill a third well from this pad but if they do so be it. This is another positive step forward for Range and we are we are already in Q3 so approval for the remaining new rugs will be within a matter of weeks. Waterflood development is still ongoing on two fronts, when all that comes together this could fly. Still watching the situation with TRIN too, not sure we have seen all the cards on the table yet.
bountyman
Posts: 1,474
Off Topic
Opinion:No Opinion
Price:0.3405
RNS OUT
18 Jul '16
http://www.asx.com.au/asxpdf/20160718/pdf/438m92kbpb3d49.pdf
Nice to see it has spud. But the time between this and the last well is a joke. 3rd well will struggle to be completed this year.

Dont think 15th of July counts as early July!!

Also rigs still expected to be signed off this Q3 this year. Pile of crap it takes so long!!

Next news option expiry at the end of the month more than likely!

KRO
bountyman
Posts: 1,474
Off Topic
Opinion:No Opinion
Price:0.3355
RE: reported post
14 Jul '16
I didnt report your post but my post in Trin in on the subject of Range so can only imagine admin saw fit to take it down.

KRO




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