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Share Views Episode 9 - Early Stage Investment Opportunities


Range Resources Ltd Share Chat (RRL)



Share Price: 0.465Bid: 0.43Ask: 0.50Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.07Spread as %: 16.28%Open: 0.465High: 0.465Low: 0.465Yesterday’s Close: 0.465


Share Discussion for Range Resources Ltd


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Mickdee
Posts: 2,293
Off Topic
Opinion:No Opinion
Price:0.465
SP
Tue 18:12
Can't help wondering what the effect would have been on the SP if all of the large buys had gone through in 10,000 parcels.
 
Celticheart
Posts: 9,837
Observation
Opinion:Strong Buy
Price:0.47
Malcy's blog
Tue 13:34
Range Resources
Range has issued a Trinidad waterflood update which shows that all is going to plan at the moment and they say that they are making ‘significant progress’ and aims to increase the total recovery factor to over 30% within the next 8 years.The company’s forecast of 2,500 b/d by the end of 2017 is primarily from these waterflood projects. With all environmental approvals granted and the 2016 capex budget of $17m covered by LandOcean, the stage seems set for Range to concentrate on these waterflood projects above all else which seems eminently sensible to my eyes.
waythewindblows
Posts: 24
Off Topic
Opinion:No Opinion
Price:0.47
Company info
Tue 10:00
I hope you're not serious - do not invest your money into any stock without doing your own research. yes the company produces oil, how much is a different question. good luck
nholland12
Posts: 67
Off Topic
Opinion:No Opinion
Price:0.47
Company info
Tue 09:21
Morning
What this company about? I'm at work and haven't really got time to read a lot this morning but I've got a small amount to invest and followed it for a while.
Are we producing yet?
Celticheart
Posts: 9,837
Observation
Opinion:Strong Buy
Price:0.47
Cheap manipulation
Tue 08:41
The cheap price of manipulation, don't you just love cynical DMA traders?

27-Sep-16 08:01:55 0.43 12,508 Sell* £10.81
pigmonster
Posts: 640
Off Topic
Opinion:No Opinion
Price:0.47
10p
Tue 08:09
This ain't ever getting to 10p I dout 5p
rob295
Posts: 1,991
Off Topic
Opinion:No Opinion
Price:0.47
RE: RNS
Tue 07:56
Ha! Brilliant joke.
Atomicrain
Posts: 3,571
Off Topic
Opinion:Strong Buy
Price:0.47
RNS
Tue 07:28
10p end of 2017 still 20p the get out though.
Celticheart
Posts: 9,837
Observation
Opinion:Strong Buy
Price:0.47
RNS re waterflood update
Tue 07:06
Trinidad Waterflood Projects Update

The Company is pleased to provide an update on its waterflood projects in Trinidad with the following highlights:

The Company is making significant progress with implementing the full scheme on its waterflood projects;
Waterflooding is estimated to increase the total recovery factor to over 30% over the next 8 years;
The majority of the Company's forecast Trinidad production of 2,500 bopd by the end of 2017 is expected to be achieved from the waterflood projects;
The environmental approvals for use of the additional water and construction of the new water pipeline on the Morne Diablo project have been granted;
The Company applied for approvals to conduct injectivity testing on the additional waterflood project in the South Quarry block, planned for early next year; and
A total capex budget US$17 million for waterflood projects for 2016 is fully funded by purchase order 2 of US$50 million with LandOcean with credit terms of 720 days.

Following commencement of the initial water injection on two waterflood projects, Beach Marcelle and Morne Diablo, the Company has been making significant progress with implementing the full waterflood schemes.
Approximately 20% of the original oil in place (OIIP) on the two projects has been recovered by primary depletion. Waterflooding is estimated to recover an extra 10% of OIIP, therefore increasing the total recovery factor to over 30% over the next 8 years.

The majority of the Company's Trinidad production forecast of 2,500 bopd by the end of 2017 is expected to be achieved from the waterflood scheme. Range believes that waterflood is a more cost efficient way to grow its production compared to conventional drilling, which is crucial in the current lower oil price environment.

http://tinyurl.com/z5fqb7p
k.j.k
Posts: 2,593
Off Topic
Opinion:Strong Buy
Price:0.47
Asx RNS
Tue 00:04
Waterford update, sorry I can't post the link not sure how to do it on my phone




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