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Range Resources plunges despite receiving payment deadline extension

Wed, 26th Aug 2015 10:36

(ShareCast News) - Shares in Range Resources plunged over 8% early on Wednesday, after the oil and gas explorer said the deadline related to its payment to Lind Asset Management had been extended.The London-listed company has made a $5m payment to Lind, which has made a $7.22m statutory demand after providing a $15m loan facility to Range.Australia-based Range said the deadline for the payment has been extended until seven days after the hearing of its appeal, which is due in an Australian court on 10 September.Range shares were down 8.65% to 0.507 at 1044 BST on Wednesday.
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26 Aug 2015 08:30

Range Resources Says Deadline For Lind Payment Is Extended

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24 Aug 2015 08:49

Range Resources Delays Canari North As 22 Well Campaign Is Finalised

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24 Aug 2015 08:36

Range Resources finalises drilling schedule for Trinidad project

(ShareCast News) - Oil and gas explorer Range Resources said it has agreed the drilling schedule for the next 22 development and exploration wells in its Trinidad project. The London-listed company said the 22 wells are expected to be drilled by the end of the first three months of next year, althou

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7 Aug 2015 08:22

Range Resources tumbles as Trinidad update disappoints

(ShareCast News) - Shares in Range Resources tumbled as an update on its Trinidad operations disappointed investors. The exploration and production company said average production in Trinidad fell by 8% in June and July compared to the last reported production of 620 barrels of oil per day in May as

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7 Aug 2015 07:09

Range Resources Trinidad Production Down, Preparing New Wells

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31 Jul 2015 09:05

Range Resources Cashflow Positive After Rise In Production

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27 Jul 2015 16:24

DIRECTOR DEALINGS SUMMARY: New MySale Chairman Buys 60,000 Shares

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27 Jul 2015 16:15

CORRECT: Range Resources Gets Approvals For Beijing Sibo Funding (ALLISS)

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27 Jul 2015 10:53

Range Resources gets green light for Chinese funding deal

(ShareCast News) - Explorer Range Resources has received regulatory approval for a $30m funding deal with Beijing Sibo Investment Management. Shares in the AIM listed stock were down 2.64% to 0.641p at 0850 BST. Sibo said it would subscribe for ordinary shares, giving $22.1 in cash for a subscripti

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27 Jul 2015 09:41

Range Resources Gets Regulatory Approvals For Beijing Sibo Funding (ALLISS)

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14 Jul 2015 10:41

Range Resource's maiden Trinidad well to spud this month

(ShareCast News) - Range Resources is due to spud its Canari North exploration well in the week beginning 27 July. The announcement follows comprehensive regulatory approvals and meetings with partners, contractors, service providers and regulatory agencies involved in the well's operations. The dr

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14 Jul 2015 09:05

Range Resources To Drill First Well In Trinidad Before The End Of July

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8 Jul 2015 08:43

Range Resources Still Considering Response To Lind Repayment Demand

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2 Jul 2015 09:20

Range Resources fails in court bid set aside US$7.2m payment

Oil and gas explorer Range Resources said would consider appealing a court decision which ordered it to repay Lind Asset Management US$7.2m. The company had applied to the Supreme Court of Western Australia to aside the statutory demand orders, but the court said it must pay. The court said it woul

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2 Jul 2015 07:55

Range Resources Says Application Against Lind Repayment Unsuccessful

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