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Gold/Mining/Energy : Ranger Oil

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To: eyewatch who wrote (376)1/6/2000 11:20:00 PM
From: aknahow  Read Replies (1) of 395
 
Ranger produces from a small field at a shallower depth. It wrote off its investment in this field saying it would not be economical to produce from it. Somehow ended up with a 100% interest in the field, brought it to production and as far as I know never reversed the wright off.

The more exciting discoveries are in deeper waters and RGO had an interest in several exploratory areas.
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