4th Feb 2010 07:00
4 February 2010Company AnnouncementsBy e-lodgement
Rights Issue Entitlement Documents Despatched to Depositary Interest Holders
Range Resources Ltd (the "Company") is pleased to announce that instructions in relation to the Company's previously announced rights issue have now been mailed to Depositary Interest holders on the Company's UK register.
An electronic copy of these instructions, together with the previously announced rights issue offer document are also available for viewing on the Company's website at www.rangeresources.com.au.
Yours faithfullyPETER LANDAUExecutive Director
For further information please contact:
Range ResourcesPeter LandauTel : +61 (8) 8 9488 5220Em: [email protected] LondonPPR Conduit PRDavid Tasker Jonathan CharlesTel: +61 (8) 9388 0944 Tel: + 44 (0) 20 7429 6666Em: [email protected] Em: [email protected] 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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