Latest Share Chat

Range Resources Share News (RRL)

Range Resources Information

There is currently no data for RRL

Range Resources Meets All Conditions Needed To Issue New Loan Note

Wed, 08th Feb 2017 08:20

LONDON (Alliance News) - Range Resources Ltd on Wednesday said all of the conditions for the USD20 million convertible loan note financing have been met after shareholders approved the proposal at a general meeting.

Range is issuing the note to replace a portion of the outstanding balance owed to LandOcean Energy Services Co Ltd under the previously signed integrated master services agreement.

When the original agreement concerning the new loan note was signed at the end of October, the outstanding balance owed to LandOcean by Range was USD35.9 million.

Range Resources shares were trading up 7.7% to 0.375 pence per share on Wednesday morning.

By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance

More News

13 Apr 2016 07:40

Range Resources Plans To Test Production Of Latest Well In Trinidad

1 Apr 2016 07:56

Range Strikes Oil Pay After Drilling First Well Ahead Of Schedule

15 Mar 2016 10:48

Range Resources Interim Loss Widens On Trinidad Impairment Charge

22 Feb 2016 10:12

Range Resources Revises Work Programme To Focus On Waterflood Sites

22 Feb 2016 09:01

Range Resources revises Trinidad programme

(ShareCast News) - Low oil prices forced Range Resources to reevaluate its work in Trinidad and Tobago on Monday, with the company focusing its attention on waterflood projects in the country. The AIM-listed company said it had the most active onshore work programme among independents in Trinidad fo

27 Jan 2016 09:47

Range Resources CEO Resigns As Quarterly Production Falls 5%

27 Jan 2016 09:01

Range Resources continues development despite low oil prices

(ShareCast News) - Range Resources was pressing ahead with development at its Trinidad sites, despite the low oil price environment causing serious uncertainty. The AIM-traded resources firm saw its oil and gas production decrease by 5% from the previous quarter, to 547 barrels per day. It blamed t

19 Jan 2016 11:07

Range Resources Advised Three Licenses In Colombia Have Been Revoked

13 Jan 2016 10:43

Range Resources Receives Approvals For Trinidad Waterflood Project

3 Dec 2015 09:34

Range Resources spuds third well in Trinidad

(ShareCast News) - Range Resources said it has spudded the third development well of a 22 well programme in Trinidad and has now received government and regulatory approvals for its Morne Diablo waterflood expansion programme. The company said it is drilling ahead to a total depth of 2,000 ft on the

3 Dec 2015 09:20

Range Resources Expands Waterflood Programme At Morne Diablo, Trinidad

24 Nov 2015 11:34

Range Resources Reiterates Production Target For First Quarter

20 Nov 2015 09:32

Range Resources completes well on Trinidad site ahead of schedule

(ShareCast News) - Exploration and production group Range Resources said work on GY 180SE, the second well at its Trinidad project, has been completed ahead of schedule. In a short statement released on Friday, the London-listed company said oil shows and hydrocarbon sands were encountered at the Mi

20 Nov 2015 08:31

Range Resources Completes Work On Trinidad Development Well

9 Nov 2015 12:26

Range Resources gets drilling operation underway in Trinidad

(ShareCast News) - Oil and gas explorer Range Resources has begun drilling its second exploration well in Trinidad, which will be drilled deeper than originally planned. The London-listed company said GY 180SE, the second of its 22-well programme was spudded on 4 November after the company incurred

Latest Share Chat

Range Resources Share News (RRL)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Range Resources Meets All Conditions Needed To Issue New Loan Note

Login to your account

Quickpicks are a member only feature

Login to your account