5 Mar 2010 07:00
5 March 2010
Companies Announcement OfficeAustralian Stock Exchange Limited20 Bond StreetSYDNEY NSW 2000Via E-lodgementAPPENDIX 3Y
Please find detailed below summaries of the Appendix 3Y's for the Range's Directors participation in the Company's Rights Issue.
Ordinary Fully Listed Options Partly Paid Shares Paid Shares ($0,05, 31.12.11) Sir Sam Jonah Securities held before 12,405,038 4,135,013 -change Rights issue allotment 3,101,260 - -(A$0.05) Securities held after 15,506,298 4,135,013 -change Peter Landau Securities held before 5,000,000 5,000,000 1,500,000change Rights issue allotment 1,250,000 - -(A$0.05) Securities held after 6,250,000 5,000,000 1,500,000change Marcus Edwards-Jones Securities held before 900,000 300,000 750,000change Rights issue allotment 225,000 - -(A$0.05) Securities held after 1,125,000 300,000 750,000change Anthony Eastman Securities held before 1,000,000 1,000,000 -change Rights issue allotment 250,000 - -(A$0.05) Securities held after 1,250,000 1,000,000 -change
For and on behalf of the board
PETER LANDAUExecutive Director
For further information please contact:
Range ResourcesPeter LandauTel : +61 (8) 8 9488 5220Em: plandau@rangeresources.com.auAustralia LondonPPR Conduit PRDavid Tasker Jonathan CharlesTel: +61 (8) 9388 0944 Tel: + 44 (0) 20 7429 6666Em: david.tasker@ppr.com.au Em: jonathan@conduitpr.comRFC Corporate Finance (Nominated Advisor) Old Park Lane Capital PlcStuart Laing Michael ParnesTel: +61 (8) 9480 2500 Tel: +44 (0) 207 518 2603Range Background
Range Resources is a dual listed oil & gas exploration company with oil & gas interests in the frontier state of Puntland, Somalia, the Republic of Georgia and Texas, USA.
* In Puntland, Range holds a 20% working interest in two licences encompassing the highly prospective Dharoor and Nugaal valleys with plans to drill two wells - 65% Operator, in 2010. * In the Republic of Georgia, Range holds a 50% farm-in interest in onshore blocks VIa and VIb, covering approx. 7,000sq.km. Currently, Range is undertaking a 350km 2D seismic program. * Range holds a 25% interest in the North Chapman Ranch project, Texas. The project area encompasses approximately 1,680 acres in one of the most prolific oil and gas producing trends in the State of Texas. Drilling of the first well has resulted in a commercial discovery with production commencing Jan/Feb 2010.
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