(RRL.L) Range Resources Ltd Buy/Sell

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Fri 13:43	read the presentation v positive	verysensiblemike	1


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	Just to remind people why we invested Smith target 80bcf of gas Onshore puntland drilling Q1 2010 regards vsm More \| View thread (1) \| Respond \| Login to Vote up \| Login to Vote down
Fri 12:59	Re: The Script	knightmarshall


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	Sorry don't have access to advfn. I guess you are referring to Georgia as previously indicated by the company? Care to enlighten us? More \| View thread (25) \| Respond \| Login to Vote up \| Login to Vote down
Fri 11:51	Re: Update RNS	Stiltzkin	1


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	Thanks Movinup... I had read somthing similar to this when googling about (Before Vicvon's most helpful post). So with the specifics of our hole, what do you think? Thanks again for going to the trouble of digging this up... More \| View thread (7) \| Respond \| Login to Vote up \| Login to Vote down
Fri 11:37	Re: The Script	MegaOil	2


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	The Smith well is a lot more than waiting for testing and there will be a "significant event" this week "but not in" Texas or Africa http://www.advfn.com/cmn/fbb/thread.php3?id=21056602 notarealdr - 20 Nov'09 - 11:01 - 370 of 370 News from the AGM is "there was a meeting in Sydney this week" with all parties present regarding signing-off on the Africa Oil arrangement, with an official meeting in Garowe first week December. Texas. Indicative it is a goer with maybe another 8 wells in proximity. "The Smith well is a lot more than waiting for testing" Ciao Clever Dicks! More \| View thread (25) \| Respond \| Login to Vote up \| Login to Vote down
Fri 11:34	AGM company presentation	swooped


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	Here is the company presentation from the AGM: http://www.asx.com.au/asxpdf/20091120/pdf/31m6bb756hdgyt.pdf and the results of the meeting: http://www.asx.com.au/asxpdf/20091120/pdf/31m6kbpdt5hvlw.pdf More \| View thread (1) \| Respond \| Login to Vote up \| Login to Vote down
Fri 10:24	BUY Re: Update RNS	Movinup	3


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	Completion Once a well has been drilled and tested (logged, cored and pressure data), a decision must be made whether to complete the well or plug it. Examination of the target reservoir rock porosity and permeability may indicate that the potential flow of oil and gas from the well will not justify the cost to complete the well. In these cases, the well is plugged with concrete in several places, and the well is abandoned. If the well's test information indicates that the well will be commercially productive, the well is completed. If the well is to be completed, production casing is run down the hole and cemented. Once the casing is in place, a tool called a "perforating gun" is lowered into the well-bore to blast holes through the casing, cement and into the reservoir. These holes are made in order for there to be communication between the reservoir and the production casing. Tubing may then be lowered into the casing. A plug may then be set above the perforations as a barrier between the production casing and the tubing. This allows the earth's natural pressure to push hydrocarbons to the well-bore and to the surface through the tubing unless a pumpjack is necessary to raise the fluids to the surface. Several steps are taken at this time to cut out excessive costs from the production process. A large drilling rig will be replaced by a smaller, moveable completion rig. Also, a completion team will use a swabbing method to force the reservoir to give up fluids naturally. This natural flow rate will be measured and compared to other wells in the area. If it is not up to par, then further measures will be taken to increase the volume of production. These measures include chemically or physically treating the reservoir to stimulate the flow. Acid treatment can be used in a reservoir containing limestone. A physical method would be to pump fluid containing small beads into a reservoir under great pressure to fracture the reservoir. The beads are then used to keep the fractures open to allow the flow to increase. When a satisfactory rate of production has been established, the well will be tested to calculate the maximum production for the well over a period of 24 hours. This is termed as a well's potential. This and other completion information may be required by the state and will aid other geologists and analysts scouting for oil and/or natural gas in the same area. If a well contains more than one zone of interest, the operator will usually begin by producing the lowest zone in the well-bore first and then work their way up the well-bore as each zone becomes depleted. When a zone is completed, a multi-valve device will be connected to the surface called a "Christmas tree." This device is placed at the top of the production casing and will allow connections to flow the oil and gas. Equipment to process the recovered oil and gas is placed near the well to make sure the oil or gas is ready for transportation. More \| View thread (7) \| Respond \| Login to Vote up \| Login to Vote down
Fri 10:19	Trading today	Eddie Shoestring


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	Games or what today? More \| View thread (1) \| Respond \| Login to Vote up \| Login to Vote down
Thu 15:08	Re: Update RNS	vicvon	1	1


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	completion drilling rig @ google it will fill you in. More \| View thread (7) \| Respond \| Login to Vote up \| Login to Vote down
Thu 14:00	BUY Re: Update RNS	hardupinnorfolk	1


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	Its only a long wait if they have not mobilised a rig. Once a rig is on site testing will start shortly after but it depends if they have a rig or not. I would have thought a rig would be available. More \| View thread (7) \| Respond \| Login to Vote up \| Login to Vote down
Thu 11:10	Re: Update RNS	Stiltzkin	1


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	"Preparation is underway to move a completion rig in whereby testing of the well can commence." Calling all experts!! This to me doesn't sound like a quick process? Anybody more knowledgable than I am willing to enlighten those less informed what this process will entail and take a punt as to how long it is likely to take? Thanks! Stiltz More \| View thread (7) \| Respond \| Login to Vote up \| Login to Vote down
Thu 09:55	Re: Update RNS	vicvon	1	3


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	Kingpin_z is in the oil in'dustry.WON'T RED FLAG YOU. More \| View thread (7) \| Respond \| Login to Vote up \| Login to Vote down
Thu 08:13	Update RNS	Salty79


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	"Preparation is underway to move a completion rig in whereby testing of the well can commence." http://www.investegate.co.uk/Article.aspx?id=20091119070000P0AEE More \| View thread (7) \| Respond \| Login to Vote up \| Login to Vote down
Thu 08:13	kingpin_z.	vicvon	1	1


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	kingpin_z what do you make of RNS. More \| View thread (1) \| Respond \| Login to Vote up \| Login to Vote down
Thu 08:11	BUY Re: updates	Movinup	1


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	19 November 2009 DRILLING UPDATE - SMITH #1 WELL, TEXAS Update by Australian based oil and gas explorer Range Resources Limited (ASX: RRS; AIM: RRL) ("Range" or "the Company") on its exploration drilling program in the North Chapman Ranch area, Texas. Smith #1 well, North Chapman Ranch The Smith # 1 exploration well spudded on 4 September 2009. Surface casing was set and cemented at 1,528 ft (465m) and the well was subsequently drilled to the intermediate casing depth of 11,352 ft (3,455m). Open hole logs were acquired on October 9, 2009, and 9 5/8" casing set and cemented shortly thereafter. Drilling recommenced as per the announcement 30 October 2009, and additional open-hole evaluation was undertaken as the well approached target depth. As previously announced, the Smith #1 exploration well has reached its revised total depth of 13,975 ft. (4,260m) with additional electric logs having been run. A production liner has been run to bottom and the liner has been successfully tied back to the surface. Preparation is underway to move a completion rig in whereby testing of the well can commence. More \| View thread (8) \| Respond \| Login to Vote up \| Login to Vote down
Wed 15:33	Re: updates - Vicvon	vicvon


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	HE has red flaged me on half a dozen boards . More \| View thread (8) \| Respond \| Login to Vote up \| Login to Vote down
Wed 15:28	Re: updates - Vicvon	Stiltzkin


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	Vicvon - what is the issue with Kingpin_z? More \| View thread (8) \| Respond \| Login to Vote up \| Login to Vote down
Wed 12:32	Re: updates	vicvon	1


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	Last RNS said weekly.Ask kinkpin_z he knows everything. More \| View thread (8) \| Respond \| Login to Vote up \| Login to Vote down
Wed 11:04	Re: updates	hardupinnorfolk


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	As they have stopped drilling now they may not update weekly and it may be a case of waiting for the testing to be complete. Hopefully they do update even if it is just to say testing will commence on.... I dont expect the meeting Friday to announce anything other than 'all resolutions were passed'. Happy to be wrong if the updates are positive! More \| View thread (8) \| Respond \| Login to Vote up \| Login to Vote down
Wed 08:47	Re: updates	vicvon	1


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	should be.kinkpin_z might give his view after filling the next car on the forecourt. More \| View thread (8) \| Respond \| Login to Vote up \| Login to Vote down
Wed 08:43	BUY Re: updates	knightmarshall	1


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	They have promised a weekly update, so there will be one tomorrow irrespective of the AGM. Having said that it may still be a holding statement and they may be waiting for the AGM to announce good news. More \| View thread (8) \| Respond \| Login to Vote up \| Login to Vote down
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