Well Texas - Excellent Punty - No change as suspected - progressing well. T&T - No change. Georgia - Bloody thing. At least it looks as though Texas has come in good, hooray! Really wanted that to solid up the SP base.

sry guys wrong BB Nice RNS here today, good luck all those in

As the nightbirds will know DP said last night: "Texas has just put about 100M on our MCAP". He'll be here later to get the drinks in. Georgia is doing a MATD and waiting for a drop more mercury. No prob with that. The North well in Poundland already with pipework and a pilot hole! Progress indeed.

Observation Drilling of the Shabeel-1 well is expected to be completed before the end of March and testing equipment is currently being mobilized to the site. Assuming successfuldrilling results, it is anticipated that testing results will be available early in the second quarter of 2012.====================================================================If this was a standard procedure why would you be looking to mobilise testing equipment at this stage and not already have it on site prior to the well being drilled?IMVHOCheers End of Time

Another jigsaw piece in place............. The jigsaw puzzle will soon be complete Telicfengalman

RNS Company Range Resources LTD TIDM RRL Headline Operations Update Released 079 23-Feb-2012 Number 20708-CAEF 23 February 2012The ManagerCompany AnnouncementsAustralian Securities Exchange LimitedLevel 6, 20 Bridge StreetSydney NSW 2000e-lodgementPUNTLAND UPDATERange Resources Limited ("Range" or "the Company" would like to announce anupdate on the drilling of the Shabeel-1 exploration well in the Dharoor ValleyBlock in onshore Puntland.The Shabeel-1 exploration well spudded on January 17, 2012 and is currently ata depth of 1,230 meters. Casing has been set in the well to a depth of 1,139mand drilling of the 12 ¼ inch section continues as planned. Drilling of theShabeel-1 well is expected to be completed before the end of March and testingequipment is currently being mobilized to the site. Assuming successfuldrilling results, it is anticipated that testing results will be availableearly in the second quarter of 2012. Upon completion of drilling the Shabeel-1well, the rig will move to the Shabeel North-1 well, where 30 inch conductorpipe is in place and a 50 meter pilot hole has already been drilled. These two wells represent the first exploration wells to be drilled in thecountry in over 20 years and will satisfy the first exploration period drillingcommitments as required under the Production Sharing Contracts for both theDharoor and Nugaal Blocks. In order to provide sufficient time to evaluatedrilling results, the Puntland Government has granted an extension of the firstexploration period expiry date 17 October 2012.The Puntland Government and Dharoor Valley communities are fully supportive ofthe drilling project and have ensured the Company that they will do allnecessary to allow the project to move forward safely and expeditiously.GEORGIA UPDATERange would also like to announce that, due to the severe weather conditionsthat have been experienced across Europe and Eastern Europe, the Joint Venturehas taken the decision to delay mobilisation of the drilling rig and ancillaryequipment to the Namakhvani well in Georgia to allow for more robust siteconstruction.The poor weather experienced since site preparations first began has impededadequate ground and road preparations to permit the safe movement of heavyequipment to the site. It was therefore decided to delay mobilisation untilconditions at the site are satisfactory. Whilst mobilisation has been delayed,site preparation has continued, albeit, constrained in part by the weatherconditions. The Company anticipates that spudding will now take place in early/ mid April 2012.The Company would also like to announce that preparations have begun on the 2Dseismic program on Block V1b with the engagement of the Geological Institute ofIsrael ("GII", who performed the initial 410 km 2D seismic program in 2009. A265 km 2D seismic program will be undertaken on Block VIb that will endeavourto provide northern closure on the initial structures previously identified, aswell as looking at identifying possible unconventional targets. The programwill also include a seismic cross section over the recently drilled MukhianiWell to assist with the potential side track option as identified through theearlier Vertical Seismic Profiling.Recently appointed NTD Energy will be taking an active role in supervising theseismic program all the way from acquisition to processing and interpretation.TEXAS UPDATERange would also like to announce that it has drilled two additional appraisalwells on North Chapman Ranch, the Smith #2 and the Albrecht wells. Both wellshave been successful drilled and logged with the Smith #2 having been completedand fracture stimulated with testing imminent. The Albrecht well has beenlogged with early indications suggesting a 100+ ft gross pay zone, with casingnow being prepared to be run prior to fracture stimulat Wh05apk

Texas upbeat "Albrecht well has been logged with early indications suggesting a 100+ ft gross pay zone, with casing now being prepared to be run prior to fracture stimulation and completion. Together, these two wells are expected to move significant reserves into the proved category, paving the way for future development."May be a knee jerk reaction either way in sp today - and there's US listing /Somalia conference to help keep the spotlight on us as TT reporting surely not far off.Surprised PL did not talk progress up a little more so perhaps an ace up sleeve ?Hope so. Sanchez_57

From RMP Encouraging as per:I work for a drilling contractor internationally and have found the time scales pinned on drilling programmes are never what the paper says and is always subject to an average of at least 10% delay On the last few wells I have been involved in we have hit on at least 2 structures on the way down the well and both times have stopped for wire logging, then cased the section and moved on. I Think that if they are making the effort to bring testing equipment then they must be at least a little excited of the prospect of what may be down there which i presumed has all ready been logged Bistable

Morning all I s'pose Tracy's still snoring. Anyway, positive vibes here with Poundland activity, etc., etc. I think Radders will be fraccing later - always messy.

rns the official one [link]