Range Resources Updates on Puntland Blocks



Range's Onshore partner and JV operator, Africa Oil, announced an update on the Joint Venture's interest onshore Puntland.

Dharoor Block

Africa Oil has completed a comprehensive interpretation of newly acquired 2D seismic data over the Dharoor Block. Several large prospects have been identified. Africa Oil and its joint venture partners have agreed to initially drill one prospect in Dharoor. The well is expected to commence drilling before the end of 2010.

Nugaal Block

Africa Oil has completed a re-interpretation of the existing 2D seismic data over the Nugaal Block. Several large prospects have been identified. Africa Oil and its joint venture partners are in discussion regarding drilling plans for 2010-2011.

 


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