Range steps up work in Indonesia

RANGE Resources has accelerated its work on Indonesia’s Perlak field and expects to return the field to oil production in the middle of this year, with the announcement pushing the share price up 20% this morning.

Range steps up work in Indonesia Range steps up work in Indonesia Range steps up work in Indonesia Range steps up work in Indonesia Range steps up work in Indonesia

New work program could add 200bopd at Indonesian Perlak field

A planned work program at the site, principally 10 well reopenings and two workovers, is expected to commence in the second quarter and add up to 200 barrels of oil per day to production.