Range Resources Limited reported that Rig 8 was inspected by the Trinidad regulatory authorities last week with a follow-up inspection having been completed on Tuesday, August 28. The Company will now commence operations to spud the MD248 well.
This is a significant achievement for the Company which now has four drilling rigs in operation including Rig 8. Rig 8 is Range's largest drilling rig, capable of drilling to approximately 11,000 feet; a depth believed to be sufficient to test the highly prospective Herrera exploration targets.
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Range Resources Limited
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