Range Resources Announces 130Million Barrels Possibilty in Shabeel-1 Puntland

Range Resources has announced that its Shabeel-1 well in Puntland, Somalia could produce up to 130mm barrels of recoverable oil. Range Resources managing director, Peter Landau a 12 to 20 metres net hydrocarbon pay zone in the Jesomma sands has been confirmed. Range’s internal technical team’s review of the net pay zone and results to...