Aug 10th 2012 - Edison Investment Research today published a report on Range Resources (RRL.L, LSE:RRL, LON:RRL) entitled "Trinidad Focus". In summary, the report says:
Range is evolving from an entrepreneurial to a more development-focused play based on its Trinidad operations and its recently acquired interests in Colombia’s Putumayo Basin. The drilling programme in Trinidad has proved highly successful over the past year while the prolific Putumayo Basin offers relatively low-risk exploration upside. Range has inevitably been hit of late by the failure to make an unambiguous discovery in Puntland. The market capitalisation, however, is well underpinned by the Trinidad and Texas assets alone.
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