Star Phoenix further reduces costs in oilfield services business
9th Oct 2020 13:39
(Sharecast News) - Oil, gas and oilfield services company Star Phoenix updated the market on its oilfield services operations on Friday, reporting that it had further cut the ongoing costs of its RRDSL division in light of the Covid-19 pandemic.
Read moreStar Phoenix extends cash due date for LandOcean Energy
1st Jun 2020 10:47
(Sharecast News) - Oil, gas and oilfield services company Star Phoenix has agreed to provide an extension to LandOcean Energy Services to provide the remaining cash consideration of $0.46m, including an interest rate of 8% per annum, it announced on Monday.
Read moreStar Phoenix narrows net loss after offloading Trinidad operations
16th Mar 2020 11:09
(Sharecast News) - Trinidad and Indonesia-focussed oil and gas company Star Phoenix reported revenues from upstream operations of $5.4m in its first half on Monday, down from $6.4m year-on-year, and of $0.03m from oilfield services, falling from $0.6m.
Read moreStar Phoenix gets go-ahead for sale of Range Resources Trinidad
17th Jan 2020 11:36
(Sharecast News) - Trinidad and Indonesia-focussed oil and gas company Star Phoenix has received the required approvals from Heritage Petroleum Company - the state oil and gas company of Trinidad and Tobago - for the sale of Range Resources Trinidad to LandOcean Energy Services, it announced on Friday.
Read moreRange Resources extends closing date for drilling rig sale
8th Nov 2019 16:06
(Sharecast News) - Oil and gas and oilfield services company Range Resources updated the market on the sale of four drilling rigs and related equipment of its subsidiary Range Resources Drilling Services on Friday.
Read moreRange Resources sells four drilling rigs to Wilson Energy Services
23rd Oct 2019 14:51
(Sharecast News) - Oil and gas and oilfield services company Range Resources has signed a sale and purchase agreement with Wilson Energy Services - a private company incorporated in Canada - for the sale of four drilling rigs and related equipment for a total cash consideration of $3.6m, it announced on Wednesday.
Read moreRange Resources withdraws notice of arbitration Georgia
16th Oct 2019 14:53
(Sharecast News) - Trinidad and Indonesia-focussed oil and gas company Range Resources updated the market on its interest in its Georgian project on Wednesday.
Read moreRange Resources settles all outstanding claims in Colombia
25th Apr 2019 15:52
(Sharecast News) - Trinidad and Indonesia-focussed oil and gas company Range Resources announced on Thursday that the court in Colombia had approved the decision to settle all outstanding historic claims and disputes between Agencia Nacional de Hidrocarburos (ANH) and the consortium of Range and Optima Oil Corporation.
Read moreRange Resources begins sales facilities upgrade at Beach Marcelle
16th Aug 2018 15:35
(Sharecast News) - International oil and gas company Range Resources updated the market on its Trinidad operations on Thursday, reporting that it has commenced the sales facilities upgrade as part of its ongoing infrastructure modernisation activities at the Beach Marcelle field.
Read moreRange Resources confirms $30m convertible note financing
8th Feb 2017 14:14
(ShareCast News) - Shares in Range Resources are up almost 9% as it confirmed all conditions for a $30m convertible note financing have been met. This followed shareholder approval at a general meeting on Tuesday. The convertible note was to replace a portion of the outstanding payable balance due
Read moreRange Resources reports drilling campaign successes
5th Dec 2016 10:08
(ShareCast News) - 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. The AIM-traded firm said the well was originally planned to be drilled to 2,600 feet, however it wa
Read moreRange Resources' Trinidad oil well spuds
11th Nov 2016 11:15
(ShareCast News) - AIM-listed oil and gas explorer Range Resources announced that its fourth well in Trinidad has spudded. The QUN 160 development well in in the Morne Diablo field spudded on 9 November and is being drilled to a depth of 2,600 feet, which is expected to take about three weeks to rea
Read moreRange Resources plans $20m convertible loan note
31st Oct 2016 13:46
(ShareCast News) - Range Resources plans to issue a three-year, $20m convertible note after inking an agreement with LandOcean Energy Services Co Ltd. It said proceeds from the note would be used solely to replace a portion of the outstanding payable balance due to LandOcean under the terms of the I
Read moreRange Resources starts drilling MD 251 development well
18th Jul 2016 09:54
(ShareCast News) - Range Resources has started drilling the MD 251 development well in Trinidad. The AIM-listed company said the well is drilling ahead to a total depth of 3,900 feet and is expected to take around three weeks to reach target depth. This will be a directional well to test the Middle
Read moreRange Resources, Lind Asset Management settle dispute
17th May 2016 14:57
(ShareCast News) - Range Resources and Lind Asset Management have reached a binding agreement to settle all of their outstanding claims and disputes. Under the terms of the deal that draws a line under the pair's long-running dispute, Range has paid $0.325m to Lind, which would keep 38m collateral s
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