Tue, 30th Jun 2015 09:54
Shares in Range Resources surged after trading on AIM was restored on Monday morning. It came after the group on Friday announced that it had received the first tranche of the funding package agreed with Beijing Sibo Investment Management. In exchange for the £5.2m, Sibo was issued with 650m new or
Read moreOil and gas explorer Range Resources said daily production from its operations in Trinidad & Tobago averaged 620 barrels of oil per day last month. As a result, the London-listed company reported positive cash flow in May, adding it expected the business to remain cash flow positive at the current o
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