Our daily board moves wrap includes Eduard Eshuys, Bruce Parncutt, Steve Morris, Brett Lambert, Simon Grant-Rennick, Juan Wang, Nicholas Ong, and Denis Rakich.
Yan Lui has resigned from his positions of chief executive officer and Trinidad general manager at Range Resources. Mr Liu will remain on the board of director as a non-executive director.
Oil and gas company Citation Resources is seeking to diversify its business by acquiring an initial 40 per cent interest in an unlisted firm that converts rubber waste into clean fuels, for a cash and share package worth about $7 million.
Perth-based oil explorer Red Emperor Resources says delays at its Georgian project have been caused by joint venture partner Range Resources, which has failed to carry out a planned drilling program.
Shares in Range Resources have been suspended from quotation after two directors resigned from its board, pushing it below the level required under corporate law.
Western Australian resources companies are increasingly looking to private equity players for funding as an alternative to traditional capital raisings, with more than $300 million in deals just this month.
Paladin Energy has launched a $205 million recapitalisation plan, designed to fund it until midway through 2016, which has won the backing of China-focused private equity firm HOPU Clean Energy.
Perth-based oil and gas company Range Resources entered into a memorandum of understanding with investor Core Capital Management for the provision of about $US50 million in cash and shares.
Range Resources non-executive director Graham Lyon will assume the role of non-executive chairman of the company when current chairman Sir Sam Jonah steps down from the role after the annual meetin
Range Resources has secured a US$15 million loan from John Hancock-advised Lind Partners to accelerate development drilling of Range's Trinidad onshore assets.
Shares in Perth-based oil and gas company Range Resources gained nearly 20 per cent on the ASX after it announced it had attracted the backing of Hong Kong-based institutional investment group Abraham.
Oil and gas explorer Range Resources has appointed Rory Scott Russell as its new chief executive, with executive director Peter Landau having stepped down from his position.
Range Resources says it may no longer proceed with a planned $105 million takeover of International Petroleum in the wake of the oil and gas explorer selling its assets in Russia and Kazakhstan.
Range Resources has launched a plan to merge with Russia and Kazakhstan-focused oil and gas explorer International Petroleum, in an all-scrip off-market deal worth around $105 million.
Resource industry analysts have hailed Range Resource's partnership with Trinidad's Leni Gas & Oil to effectively merge their oil and gas exploration assets in southern Trinidad, saying the agr
Range Resources has signed a Heads of Agreement to acquire a 10 per cent interest in holding companies whose wholly owned subsidiaries hold three production licences in producing onshore oilfields in Trinidad.
Range Resources will be pursuing legal action following an article in published by The Age newspaper in Melbourne under the heading "Mining Firm tied to Somali Oil Pirates."
West Perth-based minerals explorer Range Resources Ltd has announced plans to list on the London Stock Exchange's Alternative Investment Market towards the end of October, after lodging a Pre-Admission announcement today.
West Perth-based oil and gas explorer Range Resources Ltd has completed its $24 million placement, and will move to complete the acquisition of Somalia's Puntland oil project, the company announced today.
West Perth-based oil and gas explorer Range Resources Ltd has finalised joint venture negotiations with Canadian-based Canmex Minerals Corporation Ltd, for work on its oil and gas tenements in Puntland, Somalia.
DABBLING in a number of activities has proved a costly exercise for Perth exploration cum tech cum renewable energy company, Range Resources Limited.The company is going back to basics following a $1.3 million loss in the past financial year.
