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Message: Comment from Range

http://www.rangeresources.com.au/fileadmin/user_upload/asx/Texas_and_Trinidad_Update_16.05.12.pdf

“Range is fully funded with respect to all its operations which are progressing extremely well. Clearly there will be short term frustration with our current share price and world markets but nothing has changed with regards to our development program for 2012 with the added bonus of the landmark results to date of the Shabeel-1 well in Puntland and the spudding of the second Shabeel North well shortly.”

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