27 May 2008
Positive Start to Seismic Operations
Range Resources Limited (ASX: RRS, AIM: RRL) ("Range" or "the Company") the oil
and gas explorer with assets in Puntland, is pleased to announce that it and
its joint venture partner Africa Oil Corporation have made a positive start to
the commencement of seismic operations in the Dharoor Valley (northern
Puntland). Approximately 2,600km of high quality 2D vibroseis will be acquired
as part of a comprehensive programme of exploration work in the region.
Key milestones achieved to date include:
a. Establishment of onsite camp and operational facilities;
b. Successful liaison and communication initiatives with local communities and
clans; and
c. Successful arrival of seismic equipment at Bossaso Port.
Various photos of the seismic mobilisation are shown in a formatted version of
this announcement available on the Company's website. Shareholders should also
note that selected media reports of equipment under attack and the use of a
private militia are grossly inaccurate.
also see(
www.puntlandgovt.com )
For further information please contact:
Range Resources Ltd. RFC Corporate Finance Fox-Davies Capital
(Nominated Adviser) (Broker)
Mike Povey Stuart Laing Daniel Fox-Davies
+ 61 8 9488 5200 +61 8 9480 2500 +44 (0)207 936 5200