RANGE RESOURCES LTD: Annual Report and Notice of Meeting

29 October 2013 
The Manager
Company Announcements
Australian Securities Exchange Limited
Level 6, 20 Bridge Street
Sydney NSW 2000 
By e-lodgement 


             ANNUAL REPORT AND NOTICE OF ANNUAL GENERAL MEETING

The Company's Annual Report and Notice of Annual General Meeting has now been
despatched to shareholders.

Please find attached the Notice of Annual General Meeting as despatched to
Shareholders.

A copy of the full Annual Report and full explanatory statement of the Notice
of Annual General Meeting is available on the company's website
www.rangeresources.com.au and also the Australian Securities Exchange website
www.asx.com.au (ASX code: RRS).

Range Resources Limited
ACn 002 522 009


NOTICE OF ANNUAL GENERAL MEETING

TIME:  2.00pm (WST)
DATE:  Tuesday, 26 November 2013
PLACE: The University Club of Western Australia
       Formal Dining Room
       Hackett Drive, Crawley, Western Australia


This Notice of Meeting should be read in its entirety. If Shareholders are
in doubt as to how they should vote, they should seek advice from their
professional advisers prior to voting.
 
Should you wish to discuss the matters in this Notice of Meeting please do
not hesitate to contact the Company Secretary on +61 8 9488 5220.
important information



Time and place of Meeting

Notice is given that the Meeting will be held at 2.00pm (WST) on Tuesday, 
26 November 2013 at:

The University Club of Western Australia, Formal Dining Room, Hackett Drive,
Crawley, Western Australia

Your vote is important

The business of the Meeting affects your shareholding and your vote is
important.

Voting eligibility

The Directors have determined pursuant to Regulation 7.11.37 of the
Corporations Regulations 2001 (Cth) that the persons eligible to vote at the
Meeting are those who are registered Shareholders at 4.00pm (WST) on 
24 November 2013.

Voting in person

To vote in person, attend the Meeting at the time, date and place set out
above.

Voting by proxy

To vote by proxy, please complete and sign the enclosed Proxy Form and return
by the time and in accordance with the instructions set out on the Proxy Form.

In accordance with section 249L of the Corporations Act, Shareholders are
advised that:

- each Shareholder has a right to appoint a proxy;

- the proxy need not be a Shareholder of the Company; and

- a Shareholder who is entitled to cast 2 or more votes may appoint 2 proxies
and may specify the proportion or number of votes each proxy is appointed to
exercise. If the member appoints 2 proxies and the appointment does not
specify the proportion or number of the member's votes, then in accordance
with section 249X(3) of the Corporations Act, each proxy may exercise one-half
of the votes.

Shareholders and their proxies should be aware that changes to the
Corporations Act made in 2011 mean that:

- if proxy holders vote, they must cast all directed proxies as directed; and

- any directed proxies which are not voted will automatically default to the
Chair, who must vote the proxies as directed.

Further details on these changes are set out below.

Proxy vote if appointment specifies way to vote

Section 250BB(1) of the Corporations Act provides that an appointment of a
proxy may specify the way the proxy is to vote on a particular resolution and,
if it does:

- the proxy need not vote on a show of hands, but if the proxy does so, the
proxy must vote that way (ie as directed); and

- if the proxy has 2 or more appointments that specify different ways to vote
on the resolution, the proxy must not vote on a show of hands; and

- if the proxy is the chair of the meeting at which the resolution is voted
on, the proxy must vote on a poll, and must vote that way (ie as directed);
and

- if the proxy is not the chair, the proxy need not vote on the poll, but if
the proxy does so, the proxy must vote that way (ie as directed).

Transfer of non-chair proxy to chair in certain circumstances

Section 250BC of the Corporations Act provides that, if:

- an appointment of a proxy specifies the way the proxy is to vote on a
particular resolution at a meeting of the Company's members; and

- the appointed proxy is not the chair of the meeting; and

- at the meeting, a poll is duly demanded on the resolution; and

- either of the following applies:

  - the proxy is not recorded as attending the meeting; or

  - the proxy does not vote on the resolution,

the chair of the meeting is taken, before voting on the resolution closes, to
have been appointed as the proxy for the purposes of voting on the resolution
at the meeting.

BUSINESS OF THE MEETING

AGENDA

1. FINANCIAL STATEMENTS AND REPORTS

To receive and consider the annual financial report of the Company for the
financial year ended 30 June 2013 together with the declaration of the
directors, the director's report, the Remuneration Report and the auditor's
report.

2. RESOLUTION 1 - ADOPTION OF RENUMERATION REPORT

To consider and, if thought fit, to pass, with or without amendment, the
following resolution as a non-binding resolution:

"That, for the purposes of section 250R(2) of the Corporations Act and for all
other purposes, approval is given for the adoption of the Remuneration Report
as contained in the Company's annual financial report for the financial year
ended 30 June 2013."

Note: the vote on this Resolution is advisory only and does not bind the
Directors or the Company.

Voting Prohibition Statement:

A vote on this Resolution must not be cast (in any capacity) by or on behalf
of either of the following persons:

(a) a member of the Key Management Personnel, details of whose remuneration
are included in the Remuneration Report; or

(b) a Closely Related Party of such a member.

However, a person (the voter) described above may cast a vote on this
Resolution as a proxy if the vote is not cast on behalf of a person described
above and either:

(a) the voter is appointed as a proxy by writing that specifies the way the 
proxy 
is to vote on this Resolution; or

(b) the voter is the Chair and the appointment of the Chair as proxy:


(i) does not specify the way the proxy is to vote on this Resolution; and 
(ii) expressly authorises the Chair to exercise the proxy even though this 
    Resolution is connected directly or indirectly with the remuneration of 
a 
    member of the Key Management Personnel. 
3. RESOLUTION 2 - ELECTION OF DIRECTOR - MARCUS EDWARD-JONES 
To consider and, if thought fit, to pass, with or without amendment, the
following resolution as an ordinary resolution: 
"That, for the purpose of clause 13.2 of the Constitution, ASX Listing Rule
14.4 and for all other purposes, Mr Marcus Edward-Jones, a Director, retires
by rotation, and being eligible, is re-elected as a Director." 
4. RESOLUTION 3 - RATIFICATION OF PRIOR ISSUE - SHARES 
To consider and, if thought fit, to pass, with or without amendment, the
following resolution as an ordinary resolution: 
"That, for the purposes of ASX Listing Rule 7.4 and for all other purposes,
Shareholders ratify the issue of 53,125,000 Shares on the terms and conditions
set out in the Explanatory Statement." 
Voting Exclusion: The Company will disregard any votes cast on this Resolution
by a person who participated in the issue and any associates of those persons.
However, the Company need not disregard a vote if it is cast by a person as a
proxy for a person who is entitled to vote, in accordance with the directions
on the Proxy Form, or, it is cast by the person chairing the meeting as proxy
for a person who is entitled to vote, in accordance with a direction on the
Proxy Form to vote as the proxy decides. 
5. RESOLUTION 4 - RATIFICATION OF PRIOR ISSUE UNDER FINANCING AGREEMENTS 
To consider and, if thought fit, to pass, with or without amendment, the
following resolution as an ordinary resolution: 
"That, for the purposes of ASX Listing Rule 7.4 and for all other purposes,
Shareholders ratify the issue of 77,002,322 Shares on the terms and conditions
set out in the Explanatory Statement." 
Voting Exclusion: The Company will disregard any votes cast on this Resolution
by a person who participated in the issue and any associates of those persons.
However, the Company need not disregard a vote if it is cast by a person as a
proxy for a person who is entitled to vote, in accordance with the directions
on the Proxy Form, or, it is cast by the person chairing the meeting as proxy
for a person who is entitled to vote, in accordance with a direction on the
Proxy Form to vote as the proxy decides. 
6. RESOLUTION 5 - RATIFICATION OF PRIOR ISSUE UNDER LOAN FACILITY 
To consider and, if thought fit, to pass, with or without amendment, the
following resolution as an ordinary resolution: 
"That, for the purposes of ASX Listing Rule 7.4 and for all other purposes,
Shareholders ratify the issue of 90,084,270 Shares and 44,573,892 Options on
the terms and conditions set out in the Explanatory Statement." 
Voting Exclusion: The Company will disregard any votes cast on this Resolution
by a person who participated in the issue and any associates of those persons.
However, the Company need not disregard a vote if it is cast by a person as a
proxy for a person who is entitled to vote, in accordance with the directions
on the Proxy Form, or, it is cast by the person chairing the meeting as proxy
for a person who is entitled to vote, in accordance with a direction on the
Proxy Form to vote as the proxy decides. 
7. RESOLUTION 6 - PLACEMENT - SHARES 
To consider and, if thought fit, to pass, with or without amendment, the
following resolution as an ordinary resolution: 
"That, for the purposes of ASX Listing Rule 7.1 and for all other purposes,
approval is given for the Company to issue up to that number of Shares, when
multiplied by the issue price, will raise up to $10,000,000 on the terms and
conditions set out in the Explanatory Statement." 
Voting Exclusion: The Company will disregard any votes cast on this Resolution
by any person who may participate in the proposed issue and a person who might
obtain a benefit, except a benefit solely in the capacity of a holder of
ordinary securities, if the Resolution is passed and any associates of those
persons. However, the Company need not disregard a vote if it is cast by a
person as a proxy for a person who is entitled to vote, in accordance with the
directions on the Proxy Form, or, it is cast by the person chairing the
meeting as proxy for a person who is entitled to vote, in accordance with a
direction on the Proxy Form to vote as the proxy decides. 
Issue of Shares 
Range Resources Limited announces the issue of the following securities: 
21,856,214 Ordinary Fully Paid Shares issued in lieu of debt conversion and 
financing costs 
1,111,112 Unlisted Options issued for debt conversion as per agreement 
(£0.018, 30 September 2016) 
694,445 Unlisted Options issued for debt conversion as per agreement (£0.018, 
31 October 2016) 
2,205,885 Unlisted Options issued for debt conversion as per agreement 
(£0.017, 31 October 2016) 
1,250,000 Unlisted Options issued for debt conversion as per agreement 
(£0.016, 31 October 2016) 
5,666,668 Unlisted Options issued for debt conversion as per agreement 
(£0.015, 31 October 2016) 
Application will be made for the 21,856,214 new shares to be admitted to
trading on ASX and AIM. Trading in the new shares is expected to commence on
or around 4 November 2013. 
Following the issue of these securities the total number of securities on
issue are as follows: 
3,170,341,275 Ordinary Fully Paid Shares 
70,241,168 Options ($0.05, 31 January 2016) 
855,166 Unlisted Options (£0.04p, 30 June 2015) 
7,058,824 Unlisted Options (£0.17p, 30 April 2016) 
17,921,146 Class B Performance Shares 
5,180,000 Unlisted Options (£0.075p, 31 January 2017) 
9,000,000 Unlisted Options (£0.125p, 31 March 2015) 
15,708,801 Unlisted Options (£0.0615. 19 October 2015) 
32,275,862 Unlisted Options (£0.05075, 30 Nov 2015) 
5,000,000 Unlisted Options ($0.10, 31 January 2016) 
5,000,000 Unlisted Options ($0.06, 10 February 2016) 
146,533,850 Unlisted Options (£0.04, 30 April 2016) 
5,000,000 Unlisted Options (£0.037, 11 July 2016) 
476,190 Unlisted Options (£0.021, 25 July 2016) 
952,381 Unlisted Options (£0.021, 29 July 2016) 
6,714,284 Unlisted Options (£0.021, 31 August 2016) 
9,000,000 Unlisted Options (£0.02, 31 August 2016) 
3,947,369 Unlisted Options (£0.19, 30 September 2016) 
8,666,670 Unlisted Options (£0.18, 30 September 2016) 
694,445 Unlisted Options (£0.018, 31 October 2016) 
2,205,885 Unlisted Options (£0.017, 31 October 2016) 
1,250,000 Unlisted Options (£0.016, 31 October 2016) 
5,666,668 Unlisted Options (£0.015, 31 October 2016) 
For and on behalf of the Board 
Yours faithfully 
Peter Landau
Executive Director 
Contacts 
Range Resources Limited                 PPR (Australia)
Peter Landau                            David Tasker
T: +61 (8) 9488 5220                    T: +61 (8) 9388 0944
E: plandau@rangeresources.com.au        E: david.tasker@ppr.com.au 
GMP Securities Europe LLP               RFC Ambrian Limited (Nominated Advisor)
(Joint Broker)                          Stuart Laing
Richard Greenfield/Rob Collins/         T: +61 (8) 9480 2500
Alexandra Carse
T: +44 (0) 207 647 2800 
Fox-Davies Capital Limited              Old Park Lane Capital (Joint Broker)
(Joint Broker)                          Michael Parnes
Daniel Fox-Davies                       T: +44 (0) 207 493 8188
T: +44 (0) 203 463 5000 
Dahlman Rose & Company (Principal American Liaison)
OTCQX International Market (U.S.)
Christopher Weekes/Stephen Nash
T: +1 (212)-372-5766 
Range Background 
Range Resources Limited is a dual listed (ASX:RRS; AIM:RRL) oil & gas
exploration company with oil & gas interests in the frontier state of
Puntland, Somalia, the Republic of Georgia, Texas, USA, Trinidad and Colombia. 
- In Trinidad Range holds a 100% interest in holding companies with three
onshore production licenses and fully operational drilling subsidiary.
Independently assessed Proved (P1) reserves in place of 17.5 MMBO with 25.2
MMBO of proved, probable and possible (3P) reserves and an additional 81 MMBO
of unrisked prospective resources. 
- In the Republic of Georgia, Range holds a 45% farm-in interest in onshore
blocks VIa and VIb, covering approx. 7,000sq.km. The Company is focussing on a
revised development strategy that will focus on low-cost, shallow appraisal
drilling of the contingent resources around the Tkibuli-Shaori ("Tkibuli")
coal deposit, which straddles the central sections of the Company's two
blocks, along with attracting potential farm-in partners across the license
areas given the recent review performed across the licenses. 
- In Puntland, Range holds a 20% working interest in two licenses encompassing
the highly prospective Dharoor and Nugaal valleys. The operator and 60%
interest holder, Horn Petroleum Corp. (TSXV:HRN) has completed two exploration
wells and will continue with a further seismic and well program over the next
12-18 months. 
- Range is earning a 65% (option to move to 75%) interest in highly
prospective licences in the Putumayo Basin in Southern Colombia. The Company
will undertake a 3D seismic program in the near term as part of its
exploration commitments on the Company's Colombian interests. 
- Range has taken a strategic stake (19.9%) in Citation Resources Limited
(ASX: CTR) which holds a 70% interest in Latin American Resources (LAR). LAR
holds an 80-100% interest in two oil and gas development and exploration
blocks in Guatemala with Canadian NI 51-101 certified proved plus probable
(2P) reserves of 2.3 MMBBL (100% basis). Range also holds a 20% interest in
LAR. 
Table of Reserves and Resources 
Detailed below are the estimated reserves for the Range project portfolio. 
             Gross Oil Reserves  Range's   Net Attributable 
Project           1P     2P     3P   Interest   1P     2P    3P       Operator 
Oil & NGL - mmbbls 
Trinidad         17.5   20.2   25.2    100%    17.5   20.2  25.2       Range 
Guatemala         *     2.3*    *      32%      *    0.74*   *     Latin 
American 
                                                                 Resources
Total Oil &      17.5   22.5   25.2            17.5   20.9  25.2
Liquids 
Gas Reserves - Bcf 
Georgia - CBM     -      -     508     45%      -      -    229   Strait Oil & 
Gas 
Total Gas         -      -     508              -      -    203
Reserves 
* The reserves estimate for the Guatemalan Blocks in which LAR (and CTR) have
an interest in is as reported by CTR. CTR has not reported 1P and 3P
estimates, but Range is seeking such information from CTR for future reporting
purposes. 
Detailed below are the estimated resources and oil-in-place delineated across
Range's portfolio of project interests. 
                  Gross Oil Resources             Net Attributable 
                                       Range's
Project               Low    Best/   High  Interest  Low    Best/   High   
Operator 
                          Mean                           Mean 
Contingent Oil 
Resources - mmbbls 
Guatemala              -      20.1     -     32%      -      6.4     -       
Latin 
                                                                       
American 
                                                                       
Resources
Total Contingent       -      20.1     -              -      6.4     -
Resources 
Prospective Oil 
Resources - mmbbls 
Trinidad              8.1     40.5   81.0    100%    8.1     40.5   81.0     
Range 
Total Prospective     8.1     40.5   81.0            8.1     40.5   81.0
Resources 
Undiscovered 
Oil-In-Place - mmbbls 
Puntland               -     16,000    -     20%      -     3,200    -       
Horn 
                                                                       
Petroleum 
Georgia                -      403      -     45%      -      181     -   Strait 
Oil & 
                                                                          
Gas 
Colombia               -      7.8      -    65-75%    -    5.1-5.8   -       
Petro 
                                                                       
Caribbean
Undiscovered 
Gas-In-Place - Tcf 
Georgia -              -     18.44     -     45%      -      8.30    -   Strait 
Oil &
Conventional                                                                  
Gas 
Georgia - CBM          -      3.16     -     45%      -      1.42    -   Strait 
Oil & 
                                                                          
Gas
All of the technical information, including information in relation to
reserves and resources that is contained in this document has been reviewed
internally by the Company's technical consultant, Mr Mark Patterson. Mr
Patterson is a geophysicist who is a suitably qualified person with over 25
years' experience in assessing hydrocarbon reserves and has reviewed the
release and consents to the inclusion of the technical information. 
The reserves estimate for the Guatemalan Blocks in which LAR (and CTR) have an
interest in is as reported by CTR. CTR has not reported 1P and 3P estimates,
but Range is seeking such information from CTR for future reporting purposes. 
The reserves estimates for the 3 Trinidad blocks and update reserves estimates
for the North Chapman Ranch Project and East Texas Cotton Valley referred
above have been formulated by Forrest A. Garb & Associates, Inc. (FGA). FGA is
an international petroleum engineering and geologic consulting firm staffed by
experienced engineers and geologists. Collectively FGA staff has more than a
century of worldâ€wide experience. FGA have consented in writing to the
reference to them in this announcement and to the estimates of oil and natural
gas liquids provided. The definitions for oil and gas reserves are in
accordance with SEC Regulation Sâ€X an in accordance with the guidelines of
the Society of Petroleum Engineers ("SPE"). The SPE Reserve definitions can be
found on the SPE website at spe.org. 
The prospective resource estimates for the two Dharoor Valley prospects are
internal estimates reported by Africa Oil Corp, the operator of the joint
venture, which are based on volumetric and related assessments by Gaffney,
Cline & Associates. 
The TSX certified 51-101 certified reserves with respect to the Guatemalan
project are as reported by ASX listed Company Citation Resources (ASX: CTR). 
In granting its consent to the public disclosure of this press release with
respect to the Company's Trinidad operations, Petrotrin makes no
representation or warranty as to the adequacy or accuracy of its contents and
disclaims any liability that may arise because of reliance on it. 
Reserve information on the Putumayo 1 Well published by Ecopetrol 1987. 
The technical information included in this Announcement with respect to
Georgia was prepared by Dr. M. Arif Yukler, COO of SOG Georgia. Dr Yukler is a
geologist who is a suitably qualified person with more than 38 years of
experience in the international oil & gas industry, and in assessing
hydrocarbon reserves. Dr Yukler has advised companies and government entities
of all size from small caps to super-majors, as well as state regulatory
authorities on the management of resources and exploration areas. Dr. Yukler
has reviewed the release and consents to the inclusion of the technical
information with respect to Georgia. 
SPE Definitions for Proved, Probable, Possible Reserves and Prospective
Resources 
Proved Reserves are those quantities of petroleum, which by analysis of
geoscience and engineering data, can be estimated with reasonable certainty to
be commercially recoverable, from a given date forward, from known reservoirs
and under defined economic conditions, operating methods, and government
regulations. 
Probable Reserves are those additional Reserves which analysis of geoscience
and engineering data indicate are less likely to be recovered than Proved
Reserves but more certain to be recovered than Possible Reserves. 
Possible Reserves are those additional reserves which analysis of geoscience
and engineering data indicate are less likely to be recoverable than Probable
Reserves. 
1P refers to Proved Reserves, 2P refers to Proved plus Probable Reserves and
3P refers to Proved plus Probable plus Possible Reserves. 
Prospective Resources are those quantities of petroleum estimated, as of a
given date, to be potentially recoverable from undiscovered accumulations by
application of future development projects. Prospective Resources have both an
associated chance of discovery and a chance of development. Prospective
Resources are further subdivided in accordance with the level of certainty
associated with recoverable estimates assuming their discovery and development
and may be sub-classified based on project maturity. 
Contingent Resources are those quantities of hydrocarbons which are estimated,
on a given date, to be potentially recoverable from known accumulations, but
which are not currently considered to be commercially recoverable. 
Undiscovered Oil-In-Place is that quantity of oil which is estimated, on a
given date, to be contained in accumulations yet to be discovered. The
estimated potentially recoverable portion of such accumulations is classified
as Prospective Resources, as defined above. 
END 
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