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Gold/Mining/Energy : Range Petroleum--RAN:VSE -- Ignore unavailable to you. Want to Upgrade?

To: S. E. Baker who wrote (70)	1/27/1998 6:11:00 PM
From: Bruce	Read Replies (1) \| Respond to of 96

Steve, Range's Bigoray project with Amoco provides the foundation to build a strong relationship and opportunities to work into other projects. There is production in the area, has well, Amoco has shot 3D seismic. The seismic indicates some significant targets. Range expects to drill an initial test well in the 1st Q. 98. Our expectation is 200-300 barrels per day. Once the initial test well is completed Range plans to expand the area with additional drilling. This project will be ongoing over 1998. Bruce