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Range Resources gets $15m investment

Wed, 28th Sep 2011 12:36

US-based investment firm Socius Capital has invested $15m in AIM-Listed oil and gas exploration firm Range Resources.Range said the placement came at a premium of 10% to the company's current share price.It consists of 83.6m shares at A$0.18 together with almost 42m unlisted five year options with an exercise price of A$0.1898. Following the placement Socius will hold approximately 4.6% of the Company's issued share capital (on an undiluted basis).The firm expects the shares to be admitted to trading on AIM around 5 October.But the deal did not go down well with investors and the Range's share price fell 5% in morning trading.mm
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5 Dec 2016 10:08

Range Resources reports drilling campaign successes

(ShareCast News) - Range Resources announced on Monday that the QUN 160 development well in Trinidad that spudded on 9 November, was successfully drilled to a total depth of 2,140 feet on 22 November. The AIM-traded firm said the well was originally planned to be drilled to 2,600 feet, however it wa

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11 Nov 2016 11:15

Range Resources' Trinidad oil well spuds

(ShareCast News) - AIM-listed oil and gas explorer Range Resources announced that its fourth well in Trinidad has spudded. The QUN 160 development well in in the Morne Diablo field spudded on 9 November and is being drilled to a depth of 2,600 feet, which is expected to take about three weeks to rea

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31 Oct 2016 13:46

Range Resources plans $20m convertible loan note

(ShareCast News) - Range Resources plans to issue a three-year, $20m convertible note after inking an agreement with LandOcean Energy Services Co Ltd. It said proceeds from the note would be used solely to replace a portion of the outstanding payable balance due to LandOcean under the terms of the I

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19 Oct 2016 08:57

Range Resources Third Quarter Production Flat, More Wells Planned

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3 Oct 2016 09:19

Range Resources Reports USD38 Million Loss On Trinidad Impairments

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18 Jul 2016 09:54

Range Resources starts drilling MD 251 development well

(ShareCast News) - Range Resources has started drilling the MD 251 development well in Trinidad. The AIM-listed company said the well is drilling ahead to a total depth of 3,900 feet and is expected to take around three weeks to reach target depth. This will be a directional well to test the Middle

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18 Jul 2016 08:13

Range Resources Starts Drilling Latest Development Well In Trinidad

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22 Jun 2016 07:04

Range Resources To Drill New Well In July And Reviews Workover Plan

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31 May 2016 10:48

Range Resources Welcomes Start Of Injection On 2nd Waterflood Project

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27 May 2016 07:37

Range Resources Says AIM Shares Unaffected By ASX Suspension (ALLISS)

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25 May 2016 08:51

Range Resources Names Zhiwei Gu Chairman As David Chen Steps Down

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17 May 2016 14:57

Range Resources, Lind Asset Management settle dispute

(ShareCast News) - Range Resources and Lind Asset Management have reached a binding agreement to settle all of their outstanding claims and disputes. Under the terms of the deal that draws a line under the pair's long-running dispute, Range has paid $0.325m to Lind, which would keep 38m collateral s

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17 May 2016 09:31

Range Resources Reaches Settlement With Lind Asset Management

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12 May 2016 08:47

Range Resources To Drill Follow Up Development Well In Trinidad

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9 May 2016 07:15

Range Resources Must Grow Production To Benefit From New Royalty Rate

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