8 September 2014
ASX Code: RRS
AIM Code: RRL
Range Resources Limited
('Range' or 'the Company')
International Petroleum and Guatemala Update
International Petroleum Loan
Range advises that further to the Company's announcement on 4 August 2014,
International Petroleum Ltd ("IOP") (NSX: IOP) has received approval today from
its shareholders for, inter alia, the sale of its Russian assets and the issue
of shares in IOP and options over shares in IOP in satisfaction of Range's
loan.
The only remaining condition precedent to the settlement of Range's loan is the
completion of the sale of the Russian assets by IOP.
The Company will release a separate announcement on completion of the sale.
Atzam 5 Well, Guatemala
Range notes the announcement released today by Citation Resources Limited
("Citation") (ASX: CTR) on the Guatemalan Project.
Investors are encouraged to read the full announcement, which can be accessed
at: http://www.asx.com.au/asxpdf/20140908/pdf/42s24ygt69bp26.pdf
Range holds approximately 23% total interest in the Guatemalan Project (via its
20% ownership in Latin American Resources Ltd and 5% ownership in Citation).
Yours faithfully
Rory Scott Russell
Chief Executive Officer
Contacts
Range Resources Limited
Rory Scott Russell
Cantor Fitzgerald Europe
Nominated Advisor and Broker)
David Porter / Sarah Wharry
(Corporate finance)
Richard Redmayne
(Corporate broking)
t. +44 (0)20 7894 7000
Buchanan (Financial PR - UK)
Ben Romney / Helen Chan
t. +44 (0)20 7466 5000
e. rangeresources@buchanan.uk.com
Australian Office
945 Wellington Street
West Perth, WA 6005
Australia
t. +61 8 9322 7600
f. +61 8 9322 7602
UK Office
Suite 1A, Prince's House
38 Jermyn Street
London, SW1Y 6DN
United Kingdom
t. +44 (0)20 7025 7040
f. +44 (0)20 7287 8028
e. admin@rangeresources.co.uk
www.rangeresources.co.uk