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Investor Presentation – Range Resources Limited

Range Resources Limited · Jul 1, 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. Investor Presentation – Range Resources Limited – slide 1
    A New Beginning 1 July 2014 Progress Update and Q&A
  2. Investor Presentation – 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. Investor Presentation – Range Resources Limited – slide 3
    The Turn Around Continues: Feb - May 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.…
  4. Investor Presentation – Range Resources Limited – slide 4
    The Turn Around Continues: May - June Corporate debt repaid Expensive, dilutive debt removed New equity investor - bought in at a premium Updated Reserves Report 9% increase to P2 resources in Trinidad Encouraging operational…
  5. Investor Presentation – Range Resources Limited – slide 5
    Strong Strategic Partner - LandOcean LandOcean Energy Services Co., Ltd International oil & gas services provider listed in Shenzhen, China (Market Cap c.US 1.3 billion) LandOcean are a capable and technically sophisticated preferred…
  6. Investor Presentation – Range Resources Limited – slide 6
    Updated Reserves in Trinidad Summary of Trinidad reserves* 1P 2P 3P Summary of 1P reserves* (mmbo) 20.0 Morne Diablo 4.6 7.0 12.5 19.0 18.0 South Quarry 0.6 1.0 1.3 16.0 Reserves mmbo Beach Marcelle 13.9 14.0 14.4 14.0 12.0 13.9…
  7. Investor Presentation – Range Resources Limited – slide 7
    South Quarry Result and Drilling Operations Update Operations continue without any significant Health, Safety, Security and the South Quarry location Environment (HSSE) incidents Excellent results at the South Quarry QU 452…
  8. Investor Presentation – Range Resources Limited – slide 8
    The Strategy - Grow Production, Selective Exploration 9
  9. Investor Presentation – Range Resources Limited – slide 9
    2014 Company Targets Operational Double production - safely and responsibly Positive operating cash flow Drill two exploration wells Financial Long term finance for Trinidad operations Continue to reduce corporate overheads…
  10. Investor Presentation – Range Resources Limited – slide 10
    Summary Three oil producing assets and largest onshore acreage holder in Trinidad Solid reserves Solid reserve base, certified 1P of 19.0 mmbo in well-known, easy-to-access reservoirs base in Trinidad In-house drilling and services…
  11. Investor Presentation – Range Resources Limited – slide 11
    Q&A 12
  12. Investor Presentation – Range Resources Limited – slide 12
    Contact Information Buchanan Financial PR (UK) Email: rangeresourcesbuchanan.uk.com Range Resources Limited Email: adminrangeresources.co.uk www.rangeresources.co.uk 13

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