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Is the Bull Market over? Andre Minassian says no! Watch here

Is the Bull Market over? Andre Minassian says no!


Range Resources Ltd Share Chat (RRL)



Share Price: 0.375Bid: 0.35Ask: 0.40Change: -0.01 (-2.60%)Faller - Range Res.
Spread: 0.05Spread as %: 14.29%Open: 0.375High: 0.375Low: 0.375Yesterday’s Close: 0.385


Share Discussion for Range Resources Ltd


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petebo
Posts: 2,036
Off Topic
Opinion:No Opinion
Price:0.445
Definition of a troll
1 Jun '16
In Internet slang, a troll (/ˈtroʊl/, /ˈtrɒl/) is a person who sows discord on the Internet by starting arguments or upsetting people, by posting inflammatory,[1] extraneous, or off-topic messages in an online community (such as a newsgroup, forum, chat room, or blog) with the deliberate intent of provoking readers into an emotional response[2] or of otherwise disrupting normal on-topic discussion,[3] often for their own amusement.

Sounds like someone we know? Posts incessantly on here, a share he doesn't own and says he is not looking for a buy in price and doesn't post on the BB's where he owns shares.

Our troll throws in lies too as proven when he posted that Range had hidden the fact the one of our NED's is also a director of LO despite it clearly saying so on Ranges website.
 
chama1977
Posts: 168
Off Topic
Opinion:No Opinion
Price:0.441
RE: Range moving in the right direc..
1 Jun '16
Yeah it is going in the right direction as usual. (-10.42% down). what a company!
OMADAWN
Posts: 1,602
Off Topic
Opinion:No Opinion
Price:0.441
RE: The efficiency of Pad drilling
1 Jun '16
Encouraging. Definition

Causing a hopeful feeling.

Giving hope or promise

The BOD are hopeful.

Hardly inspires confidence when others provide technical evaluation
bountyman
Posts: 1,594
Off Topic
Opinion:No Opinion
Price:0.441
RE: The efficiency of Pad drilling
1 Jun '16
One should not also infer that it was anything other than encouraging - or you are accusing the board of intentionally misleading the public?

"Given the current volatility in oil prices and slower than anticipated availability of the new drilling rigs, the Company has completed a review of its 2016 work programme, and has selected the most attractive wells based on anticipated production and economic returns. " 2016 work programme RNS.

This suggests that they are going for high impact drills - so are you suggesting the second drill is likely not to be along the same lines.

Still not put your short on??
OMADAWN
Posts: 1,602
Off Topic
Opinion:No Opinion
Price:0.441
RE: The efficiency of Pad drilling
1 Jun '16
The key point being that they drilling different directions. One shouldn't infer that the first direction was a commercial sucess
Celticheart
Posts: 10,025
Observation
Opinion:Strong Buy
Price:0.48
Malcy's blog
1 Jun '16
From yesterday's posting:

Oil price
The Summer Opec meeting starts on thursday and as usual, claim and counter claim is being made. Nothing has changed me views from Friday and I dont expect anything spectacular to come out of the meeting. I remain convinced that the effective demise of Opec as we have known it continues, a fact made ever more clear by the seeming in-consequence of the likes of the likes of Venezuela and Nigeria.

The driving season started yesterday and so one can expect some sort of rally in product demand although crude oil is finding $50 quite a barrier. Outages continue although Canada is getting better but with the overall rig count u/c at 404 on Friday the $50 level hasn’t tempted drillers back yet, oil was down two units.
petebo
Posts: 2,036
Off Topic
Opinion:No Opinion
Price:0.48
View Thread (3)
RE: Range moving in the right direc..
1 Jun '16
The market thinks more of RRL than LGO, Trin and FRR where you have lost a fortune!
bountyman
Posts: 1,594
Off Topic
Opinion:No Opinion
Price:0.48
RE: Range moving in the right direc..
1 Jun '16
I am not blaming others. Just your constant bull**** annoys me and countless others on the board.

If you believed all the negativity about RRL and that it was only working for LO then you would place a short... But is clear you are the one with the agenda and appear to be more emotionally attached to Range than me who is invested here.

You are clearly chatting a lot of rubbish and tbh most on here already know that but it is importent to highlight your mistruths to any new posters/investers.

Go and clean the caravan.
Celticheart
Posts: 10,025
Observation
Opinion:No Opinion
Price:0.48
RE: The efficiency of Pad drilling
1 Jun '16
I suspect that the Range Resources in question is the US operation but it could equally apply to us.
Celticheart
Posts: 10,025
Observation
Opinion:Strong Buy
Price:0.48
The efficiency of Pad drilling
1 Jun '16
Looks like we are leading the way now:

"Moving a drilling rig between two well sites previously involved disassembling the rig and reassembling it at the new location ("rigging down" and "rigging up") even if the new location was only a few yards away. Today, a drilling pad may have five to ten wells, which are horizontally drilled in different directions, spaced fairly close together at the surface. Once one well is drilled, the fully constructed rig can be lifted and moved a few yards over to the next well location using hydraulic walking or skidding systems, as demonstrated by Range Resources."

http://www.eia.gov/todayinenergy/detail.cfm?id=7910




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