26th Oct 2011 09:28
26 October 2011Via e-lodgementRE: PRICE QUERY
Range Resources Limited ("Range" or the "Company") wishes to announce that in response to a query from the Australian Stock Exchange ("ASX") that:
1. The Company notes that it is aware of chat room speculation regarding
completed deals involving offshore Puntland and an eastern portion of the
Nugal Valley, Puntland with a TSX listed vehicle.
2. The potential deals whilst at an advanced documentation stage, are not
completed and not material until such time as a number of key conditions,
approvals and agreements are finalised and obtained.
3. As shareholders are aware, the Company is actively exploiting all four of
its project areas with development drilling and updated reserve reporting
in Texas and Trinidad, key VSP and coring test work at the 1,550m at the
Georgian - Mukhiani 1 Well and mobilisation activities in Puntland.
4. A comprehensive update will be released at the end of the week once all
material information is received.
For and on behalf of the Board
RegardsPeter LandauExecutive DirectorContactsRange Resources LimitedPeter LandauTel : +61 (8) 8 9488 5220Em: [email protected] LondonPPR Tavistock CommunicationsDavid Tasker Ed Portman/Paul YouensTel: +61 (8) 9388 0944 Tel: + 44 (0) 20 7920 3150Em: [email protected] Em: [email protected] Corporate Finance (Nominated Advisor) Old Park Lane Capital (Joint Broker)Stuart Laing Michael ParnesTel: +61 (8) 9480 2500 Tel: +44 (0) 207 493 8188 Panmure Gordon (Joint Broker) Katherine Roe / Brett Jacobs Tel: +44 (0) 207 459 3600
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