TIDMRRL

RNS Number : 7804S

Range Resources Limited

08 November 2019

Range Resources Limited

('Range' or 'the Company')

8 November 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.

DRILLING RIGS SALE UPDATE

Range, an international company with oil and gas projects and oilfield service businesses in Trinidad and Indonesia, provides an update in relation to the sale of four drilling rigs and related equipment of its subsidiary Range Resources Drilling Services Limited ("RRDSL"), as announced on 23 October 2019 (the "Transaction").

Following request by Wilson Energy Services Inc. (the "Buyer"), RRDSL agreed to extend the closing date for the Transaction to 22 November 2019. In the event that closing is delayed beyond 22 November 2019, it will be subject to a late closing fee payable by the Buyer.

 
 
   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

DISVVLBBKFFXFBZ

(END) Dow Jones Newswires

November 08, 2019 03:36 ET (08:36 GMT)

Range Resources (LSE:RRL)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Range Resources Charts.
Range Resources (LSE:RRL)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Range Resources Charts.