Company Update

Details
Company Name:Range Resources
Ticker:RRL
Date Posted:Tuesday, 9th February 2010
Price:3.25 (as of Monday, 8th February 2010)

Range Resources Limited ("Range" or "the Company") would like to announce a further update on the Company's US Gulf Coast interests.

Despite continual heavy rains along the Texas coast, oil storage tanks and dehydration / separation equipment have been successfully installed on site. The Operator has now commenced the installation of the flow line that will connect the Smith #1 Well to the commercial sales line.

The standing water that can be seen in the photo below will be cleared so that the flow line can be successfully buried. Once the flow line has been completed, the final stage will be the connection to the commercial sales line.

The Company will provide further updates as the Smith well progresses towards first production.

Smith #1 Well - (left to right) Oil Storage Tanks, Smith #1 Wellhead, Dehydration/Separation Equipment - please see website to view picture.

For and on behalf of the Board

Regards
Peter Landau
Executive Director

Company Profile

Range Resources (RRL)

Price: 3.40 (at close of 09/03/2010)

6 Month Chart:
3 Month Chart:
1 Month Chart: