Range Resources updated the market on its operations in Indonesia on Friday, referring to its previous announcement on 22 March and clarifying that the reported forecast production figure of 200 barrels of oil per day gross had been extrapolated from the company's 1P reserve estimates of 279,055 barrels gross.
Oil and gas company Range Resources has agreed on an early production focused work programme on its Perlak field asset in Indonesia, with first oil production targeted for mid-2018.
Exploration and production company Range Resources saw average production for its most recent trading half move forward 22% thanks to its ongoing waterflood programme.
AIM-quoted exploration and production company Range Resources increased average net oil production to 777 barrels of oil per day in January, a 23% uptick on its most recent quarter, after completing work to increase the water injection rate at its Trinidad operations.
Exploration and production company Range Resources increased average net oil production in January by 23% over the previous three months , topping out the month at 777 barrels of oil per day.
Range Resources advised the market on Wednesday that the QUN 161 development well in Trinidad was successfully spudded on 9 September.
Range Resources announced on Friday that it has entered into a binding sale and purchase agreement to acquire certain producing assets from a wholly-owned subsidiary of Trinity Exploration and Production, for a cash consideration of $4.55m.
Range Resources acquired an interest in Indonesia's Perlak field, which throughout its long history had produced close to 60m barrels, the group announced on Tuesday.
Range Resources announced its decision to close its American Depositary Receipt programme on Thursday, which would take effect from 1700 New York time on 7 August.
Range Resources released its unaudited half-yearly report for the six months ending 31 December on Friday, with revenues increasing by 38% to $3.8m, which the board said was mainly due to a higher realised oil price of $42 per barrel.
Shares in Range Resources are up almost 9% as it confirmed all conditions for a $30m convertible note financing have been met.
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.
AIM-listed oil and gas explorer Range Resources announced that its fourth well in Trinidad has spudded.
Range Resources plans to issue a three-year, $20m convertible note after inking an agreement with LandOcean Energy Services Co Ltd.
The City of London is fumbling with fallback positions after its first line that Brexit should not voted into potential reality back in June failed, writes The Financial Times' Lex column.
Range Resources has started drilling the MD 251 development well in Trinidad.
Range Resources and Lind Asset Management have reached a binding agreement to settle all of their outstanding claims and disputes.
Low oil prices forced Range Resources to reevaluate its work in Trinidad and Tobago on Monday, with the company focusing its attention on waterflood projects in the country.
Data from China and Germany, coupled with another oil market slump saw headline London indices start the week on a negative footing.
Range Resources was pressing ahead with development at its Trinidad sites, despite the low oil price environment causing serious uncertainty.