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Range Resources Ltd Share Chat (RRL)



Share Price: 0.385Bid: 0.37Ask: 0.40Change: 0.05 (+14.93%)Riser - Range Res.
Spread: 0.03Spread as %: 8.11%Open: 0.385High: 0.385Low: 0.385Yesterday’s Close: 0.335


Share Discussion for Range Resources Ltd


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biginvestor001
Posts: 7
Question
Opinion:No Opinion
Price:0.335
5 p target
Sat 00:40
Guys do you think can we achieve this target 5p

as my average is 2p and I am stressed , I have �2k invested here , whats your average ? gla
 
ChickenChallenge
Posts: 120
Off Topic
Opinion:No Opinion
Price:0.335
RE: Spare a thought
Fri 18:24
Spare another thought for OmaLosses, FRR now 0.09 to sell.

Maybe he's told the Missus and that is why he doesn't post anymore.
Celticheart
Posts: 9,692
Observation
Opinion:No Opinion
Price:0.35
View Thread (2)
RE: very quiet here
Fri 07:59
That could not be further fro the truth, we are making good solid progress but waterflood takes time to build up pressure and we are drilling multiple wells from the same platform which can't be fully tested until completion but very positive indications so far. Give this a few more months and you will see the progress we are making.
Cardiffboy
Posts: 185
Off Topic
Opinion:Hold
Price:0.35
very quiet here
Thu 16:45
all is quiet. I haven't looked here for a while but I see it is going nowhere but then what news has there been to move it. I'm hoping that it will turn around one day and as I have always said I will wait patiently until that day. I can't see much movement in 16 but maybe 17 was the year, I'm sure i said that in 15 or maybe it was 14!
ShareInvestment
Posts: 1,258
Off Topic
Opinion:Strong Buy
Price:0.35
Malcy yesterday
Tue 09:30
Not sure if already posted but see below: Range Resources
More good news from Range this morning as they announce that MD 251 (Was MD 51-2) spudded on Friday. The well is a ‘development well’ for the MD 250 as it is also a directional well to test the middle and upper Cruse sands encountered in the 250 well. Initial logs there identified ‘multiple hydrocarbon bearing zones in the 140+ feet of pay. This is the second in a six well programme designed to increase the company’s reserve base, expect two more Morne Diablo wells, one at Beach Marcelle and an exploration well in the Guayaguayare block.
ErraticPhil
Posts: 1,772
Off Topic
Opinion:No Opinion
Price:0.35
RE: Predictable finish
18 Jul '16
Which ones are those Ch? Shouldn't you be more concerned with the opening trade at just shy of 0.45p, has given a big red candle for the day? Someone happy to sling in £700 at any price caught by a wide spread on open but it's turned the PSAR around. Still broadly aligned to the rising trendline from February and March, so arguably no reason for paranoia about what some algo bot may or may not be up to skimming pennies here and there.
rob295
Posts: 1,982
Off Topic
Opinion:No Opinion
Price:0.35
View Thread (2)
RE: Lack of patience for water floo..
18 Jul '16
Agreed. Don't think there will be much of a rush till Waterflood is nearly done as that will be the big cash generator. Would be happy with 2p off a good Waterflood result.
Rexco
Posts: 3,000
Observation
Opinion:Hold
Price:0.35
Lack of patience for water flood
18 Jul '16
Personally I have come to terms with the fact that the company has to have a restrained drilling campaign until there is sufficient cash flow to pay for drilling to be ramped up.

That will come once the water flooding results in a substantial increase in oil production. All the moaning in the world will not change the BOD's sensible approach.

All those who want a Gung Ho drilling campaign should invest elsewhere. Landau has gone and you should all be grateful that more sensible professional oil men are in charge. They will carry out the necessary work in line with budgets.

Don't expect too much since increasing the BOPD a multiple of 5 times from 500 to 2,500 may only increase the share price from 0.34p to 1.7p.
Celticheart
Posts: 9,692
Observation
Opinion:Strong Buy
Price:0.35
Predictable finish
18 Jul '16
And we end the day with 4 tiny meaningless little trades. someone really does not want to see this rise
Dodger777
Posts: 1,044
Observation
Opinion:No Opinion
Price:0.3405
RE: RNS today
18 Jul '16
I just wish they'd get those new drills signed off and get drilling, the delays seem never ending. The new equipment will be rusting up at this rate.




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