Puntland bet pays off for Range

摘要

Range Resources has completed a US 50m farm-out of its acreage in the Somalian autonomous region of Puntland and is now to list in London.The Australian minnow has farmed out 80% of the massive Nogal and Dharoor valleys to Canada's Canmex Minerals. The work commitment includes at least two wells during two three-year exploration terms, along with reprocessing of 2D shot by Conoco during the 1990s.