ABN 88 002 522 009
Level 3, 1 Havelock Street
West Perth, WA 6005
P +61 8 9488 5200
F +61 8 9324 2400
ASX Announcement
3 February 2009
Puntland Update
Australian company Range Resources Limited (ASX: RRS; AIM: RRL) (“Range” or “the
Company”), the
oil and gas explorer with assets in Puntland (Somalia), wishes to advise that a
Presidential policy
update of the new Puntland Government was presented to the Puntland Parliament
over the
weekend (31 January, 1 February 2009).
This policy update covered many areas of interest to the Puntland region, but of
particular interest
to Range was the following statement:
“As you all know there are agreements signed by the former government that
raised complaints
from various groups. These contracts were between the government, foreign and
local companies. In
principle, I recognise and accept these agreements, but we have to update
ourselves and make sure
that they are benefiting the people and are within the laws of Puntland.”
As mentioned in previous announcements, Range looks forward to establishing a
constructive and
mutually beneficial relationship with the new Puntland Government and its
President, His
Excellency, Dr. Abdirahman Mohamed Farole.
Ends
Contacts
Range Resources
Peter Landau
Tel: +61 (8) 8 9488 5220
Em: plandau@rangeresources.com.au
Australia
PPR
David Tasker
Tel: +61 (8) 9388 0944
Em: david.tasker@ppr.com.au
RFC Corporate Finance ((Nominated Advisor)
Stuart Laing
Tel: +61 (8) 9480 2500 |
London
Conduit PR
Jonathan Charles
Tel: + 44 (0) 20 7429 6666
Em: jonathan@conduitpr.com
Fox-Davies Capital (Broker)
Daniel Fox-Davies
Tel: +44 (0) 207 936 5200
|
Nuqulka Warqadda Range:
Tixtaac: (ASX.COM.AU)
http://www.asx.com.au/asxpdf/20090203/pdf/31fw9xf3gvm51c.pdf
READ ALSO: Punt kick for Range
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