08-06-10 Range Resources LTD - Texas Drillign Update PRN
ABN 88 002 522 009
Level 3, 1 Havelock Street West Perth, WA 6005
P +61 8 9488 5220 F +61 8 9324 2400
8 June 2010
Company Announcements
Australian Securities Exchange
Exchange Plaza
2 The Esplanade
PERTH WA 6000
By E-lodgment
Texas Update - Russell Bevly #1 Appraisal Well
Range Resources Limited ("Range", or "the Company") would like to announce an update on the Russell Bevly #1 appraisal well as part of the North Chapman Ranch Joint Venture's multi-well program in Texas.
As previously announced, the well has been drilled to the intermediate casing depth of 11,400 ft. Following this, open hole logs were acquired and 9 5/8" casing set and cemented. Drilling has recommenced towards the proposed target depth of ~14,000 ft (4,268m).
Well Details
Name of well Russell Bevly #1
Spud date 9 May 2010
Current depth ~11,617 ft (3,542m)
Proposed total depth ~14,000 ft (4,268m)
RRS working interest 20%
Range will provide regular updates on the progress on the drilling of the Russell-Bevly well.
For and on behalf of the Board
Regards
Peter Landau
Executive Director
Contacts
Range Resources Peter Landau Tel : +61 (
8 9488 5220 Em:
plandau@rangeresources.com.au
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