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Q2 2014 STRATEGY UPDATE AND Q&A – Range Resources Limited

Range Resources Limited · May 14, 2014 · 12 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Q2 2014 STRATEGY UPDATE AND Q&A – Range Resources Limited – slide 1
    A New Beginning for Range Resources Ltd Q2 2014 St rat eg y Up d at e an d Q&A
  2. Q2 2014 STRATEGY UPDATE AND Q&A – Range Resources Limited – slide 2
    Shareholder Communications Policy The Company has adopted continuous disclosure standards which are overseen by the Board of Directors and form part of the Group's corporate governance standards. The Board of Directors is responsible…
  3. Q2 2014 STRATEGY UPDATE AND Q&A – Range Resources Limited – slide 3
    The Turn Around Continues New Management in Place New senior management and strengthened operational team Focused Strategy Three projects in Trinidad 1. Development drilling in Morne Diablo and South Quarry 2. Secondary recovery…
  4. Q2 2014 STRATEGY UPDATE AND Q&A – Range Resources Limited – slide 4
    The Range Portfolio Texas - EXIT Georgia - EXIT Non-core Non-core exploration development asset and development asset Sale process Large onshore PSA proceeding 500 mmbbl and 18 TCF of gas in place Sale process proceeding…
  5. Q2 2014 STRATEGY UPDATE AND Q&A – Range Resources Limited – slide 5
    Trinidad Quarterly Operations Update Operations continued without any safety or environmental incidents and have been LTI-free since September 2013 Total gross oil production for the quarter was 47,565 bbls (average of 529 barrels of…
  6. Q2 2014 STRATEGY UPDATE AND Q&A – Range Resources Limited – slide 6
    2014 Company Targets Operational Double production - safely and responsibly Positive operating cash flow Drill two exploration wells Financial Refinance corporate debt Raise long term finance for Trinidad operations Continue to…
  7. Q2 2014 STRATEGY UPDATE AND Q&A – Range Resources Limited – slide 7
    Guayaguayare Block Farm-in Guayaguayare Block Key Facts In December 2013, Range signed a farm-in Shallow ownership Range 32.5% agreement with Niko Resources for their large Niko 32.5% Petrotrin 35.0% onshore and offshore Guayaguayare…
  8. Q2 2014 STRATEGY UPDATE AND Q&A – Range Resources Limited – slide 8
    St. Marys Block Award Range won the 45,000 acre block via competitive St Marys Block tender in February 2014 Post award PSC negotiations continue with the Ministry of Energy including timing and details of the final exploration work…
  9. Q2 2014 STRATEGY UPDATE AND Q&A – Range Resources Limited – slide 9
    LandOcean Strategic Alliance Strategic Alliance Between LandOcean and Range Range and LandOcean Energy Services Co Ltd (LandOcean) (SHE:300157), intend to form a strategic alliance for the development of international oil and gas…
  10. Q2 2014 STRATEGY UPDATE AND Q&A – Range Resources Limited – slide 10
    The Turn Around Continues New Management in Place New senior management and strengthened operational team Focused Strategy Three projects in Trinidad 1. Development drilling in Morne Diablo and South Quarry 2. Secondary recovery…
  11. Q2 2014 STRATEGY UPDATE AND Q&A – Range Resources Limited – slide 11
    Range Resources Ltd Q&A 12
  12. Q2 2014 STRATEGY UPDATE AND Q&A – Range Resources Limited – slide 12
    Contact Information Buchanan Financial PR (UK) rangeresourcesbuchanan.uk.com Range Resources Australia Range Resources UK Phone: +61 8 9488 5220 Phone: +44 207 025 7040 www.rangeresources.com.au 13

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