Range Resources finalises drilling schedule for Trinidad project

Oil and gas explorer Range Resources said it has agreed the drilling schedule for the next 22 development and exploration wells in its Trinidad project.

The London-listed company said the 22 wells are expected to be drilled by the end of the first three months of next year, although Range added the schedule could vary given some logistic aspect of the operation are behind its control.

Range has also been granted permission to build 15 drilling pads, while drilling pads for the wells GY 161S, MD 42N, Canari North, GY 180SE and QUN 158 have now been completed.

Range Resources shares were down 8.74% to 0.488p at 0849 BST on Monday.