Range Energy Resources Inc.
Range Energy Resources Inc. is a publicly listed company currently trading under the symbol "RGO" on the Canadian Securities Exchange (CSE).
Range’s sole asset is a 49.9% equity stake in New Age Al Zarooni 2, which in turn owns a 50% equity stake in Gas Plus Khalakan. Gas Plus Khalakan holds an 80% interest in the Khalakan Production Sharing Contract (“PSC”) that governs exploration and production activities with respect to the Khalakan Block (including the Shewashan Field) in the Kurdistan Region of Iraq. The Kurdistan Regional Government of Iraq holds the remaining 20% interest under the PSC. Please see Range’s latest new releases for a description of its activities and activities in the Shewashan Field.
Range has been fortunate to receive funding from several institutional shareholders through the exploration phase and is pleased to have commenced development of the infrastructure required to produce oil in the KRG domestic and international markets.