Range Resources Limited Georgia update (9910P)
October 16 2019 - 2:00AM
UK Regulatory
TIDMRRL
RNS Number : 9910P
Range Resources Limited
16 October 2019
Range Resources Limited
('Range' or 'the Company')
16 October 2019
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY
THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER
THE MARKET ABUSE REGULATIONS (EU) NO. 596/2014 ("MAR"). UPON THE
PUBLICATION OF THIS ANNOUNCEMENT VIA REGULATORY INFORMATION SERVICE
("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE
PUBLIC DOMAIN.
GEORGIA UPDATE
Range, an international company with oil and gas projects and
oilfield service businesses in Trinidad and Indonesia, provides an
update with respect to its interest in the Georgian project.
Range previously advised that it had submitted a Notice of
Arbitration against the State of Georgia in respect of the wrongful
termination of the production sharing contract over Block VIA dated
29 March 2007 in Georgia (the "PSC"). After careful consideration,
Range has withdrawn the Notice of Arbitration on a without
prejudice basis.
Contact details
Cantor Fitzgerald Europe (Nominated
Range Resources Limited Adviser and Broker)
Evgenia Bezruchko (Group Corporate David Porter / Rick Thompson (Corporate
Development Manager & Joint Company Finance)
Secretary) t. +44 (0)20 7894 7000
e. admin@rangeresources.co.uk
t. +44 (0)20 3865 8430
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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