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Range Resources down on drilling update

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Range Resources down on drilling update

Fri, 06th Jan 2012 10:34

Range Resources, the oil and gas explorer, has dropped 3% this morning following the announcement it is yet to reach its target depth at its Albrecht appraisal well in Texas.Currently the dig is at 9,150ft, while the target is 14,500ft. In the same update Range announced that 15.5m Australian dollars have been raised after outstanding share options (both listed and directors) were exercised at the end of 2011.Range Resources' shares are 0.27% ahead of where they were at this time last year, after a roller-coaster 2011 in which the stock gained 160% on news of new finds before retreating back again.BS

Latest RRL News

Star Phoenix further reduces costs in oilfield services business
9 Oct 2020
Star Phoenix extends cash due date for LandOcean Energy
1 Jun 2020
Star Phoenix narrows net loss after offloading Trinidad operations
16 Mar 2020
Star Phoenix gets go-ahead for sale of Range Resources Trinidad
17 Jan 2020
Range Resources Shareholders Agree Trinidad Sale, Name Change
29 Nov 2019
Range Resources Extends Closing Date For Drilling Rigs Sale
25 Nov 2019
UK Shareholder Meetings Calendar - Next 7 Days
22 Nov 2019
Range Resources Says Ongoing Trinidad Tax Appeal Adjourned To January
13 Nov 2019

Related News

Star Phoenix further reduces costs in oilfield services business

9 Oct 2020

Star Phoenix further reduces costs in oilfield services business

(Sharecast News) - Oil, gas and oilfield services company Star Phoenix updated the market on its oilfield services operations on Friday, reporting tha...

Star Phoenix extends cash due date for LandOcean Energy

1 Jun 2020

Star Phoenix extends cash due date for LandOcean Energy

(Sharecast News) - Oil, gas and oilfield services company Star Phoenix has agreed to provide an extension to LandOcean Energy Services to provide the ...

Star Phoenix narrows net loss after offloading Trinidad operations

16 Mar 2020

Star Phoenix narrows net loss after offloading Trinidad operations

(Sharecast News) - Trinidad and Indonesia-focussed oil and gas company Star Phoenix reported revenues from upstream operations of $5.4m in its first h...

Range Resources News

Star Phoenix further reduces costs in oilfield services business

9 Oct 2020

Star Phoenix further reduces costs in oilfield services business

(Sharecast News) - Oil, gas and oilfield services company Star Phoenix updated the market on its oilfield services operations on Friday, reporting tha...

Star Phoenix extends cash due date for LandOcean Energy

1 Jun 2020

Star Phoenix extends cash due date for LandOcean Energy

(Sharecast News) - Oil, gas and oilfield services company Star Phoenix has agreed to provide an extension to LandOcean Energy Services to provide the ...

Star Phoenix narrows net loss after offloading Trinidad operations

16 Mar 2020

Star Phoenix narrows net loss after offloading Trinidad operations

(Sharecast News) - Trinidad and Indonesia-focussed oil and gas company Star Phoenix reported revenues from upstream operations of $5.4m in its first h...

Star Phoenix gets go-ahead for sale of Range Resources Trinidad

17 Jan 2020

Star Phoenix gets go-ahead for sale of Range Resources Trinidad

(Sharecast News) - Trinidad and Indonesia-focussed oil and gas company Star Phoenix has received the required approvals from Heritage Petroleum Compan...

Range Resources Shareholders Agree Trinidad Sale, Name Change

29 Nov 2019

Range Resources Shareholders Agree Trinidad Sale, Name Change

Range Resources Shareholders Agree Trinidad Sale, Name Change

Range Resources Extends Closing Date For Drilling Rigs Sale

25 Nov 2019

Range Resources Extends Closing Date For Drilling Rigs Sale

Range Resources Extends Closing Date For Drilling Rigs Sale

UK Shareholder Meetings Calendar - Next 7 Days

22 Nov 2019

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Range Resources Says Ongoing Trinidad Tax Appeal Adjourned To January

13 Nov 2019

Range Resources Says Ongoing Trinidad Tax Appeal Adjourned To January

Range Resources Says Ongoing Trinidad Tax Appeal Adjourned To January

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