Range Resources (RRS)

Shares / Stock Code

RRS

Stock Exchange / Sharemarket

Australian Securities Exchange

Range Resources (RRS) is a minerals and oil and gas exploration company. Its principal areas of interest are Puntland (Somalia), Peru and Western Australia. The company is mainly focused on gold and nickel exploration at its Donnybrook and Forrestania projects and uranium exploration in Peru. Range Resources listed on the Australian stockmarket (ASX) in January 1985.

The company's portfolio is geographically diversified with projects in Australia, Latin America and Africa. Range Resources has a joint venture agreement which provides the company with a 50.1% interest in all hydrocarbon and mineral rights in the state of Puntland, Somalia. The region has been under-explored and is considered to have high potential for vast reserves of hydrocarbons.

Major competitors of Range Resources consist of other mining companies in Australia and overseas exploring for gold, precious and base metals. These range from massive international companies to small explorers with one or two projects. As an explorer, RRS has no customers at present.

In September 2009, the Company acquired a 25% interest in the North Chapman Ranch project in Nueces County, Texas. The project area encompasses approximately 1,280 acres in an oil and gas producing trend in the State of Texas.

Range Resources (RRS) Products and Services

  • Mineral Exploration and Investment

Range Resources (RRS) Locations and Subsidiaries

Range Resources Head Office
Level 3, 1 Havelock Street, WEST PERTH,
WA, AUSTRALIA, 6005
Phone: 08 9488 5220
Fax: 08 9324 2400

Range Resources (RRS) Share Price

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Submitted by ASX Listed Company on 22 May, 2010 - 20:00

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