Dahlman Rose & Co. Announces Principal American Liaison Sponsorship of ASX Listed Range Resources Limited on OTCQX International
NEW YORK, April 4, 2012 /PRNewswire/ -- Dahlman Rose & Company, LLC, a leading investment bank specializing in the global natural resources supply chain, has announced its sponsorship as Principal American Liaison (PAL) for West Perth-based Range Resources Limited (ASX : RRS) on the OTCQX International Platform under the symbol RGRYY, effective March 6, 2012.
Range Resources Limited is an oil and gas exploration, development and production company.
As part of Dahlman Rose's Principal American Liaison sponsorship, the firm has been retained to provide a suite of services and will provide the PAL compliance function for Range Resources Limited's listing on the OTCQX International. Dahlman Rose's suite of services distinguishes its PAL sponsorship program by providing unique insights about the U.S. market environment and the highest level of aftermarket service to its clients.
ABOUT DAHLMAN ROSE & CO.
Dahlman Rose & Co., LLC (MEMBER: FINRA/SIPC) is a research-driven investment bank focused on energy, transportation, infrastructure, and other industries that compose the global supply chain. The firm's industry-leading analysts, bankers, and traders offer unique insight into the companies and markets that provide the building blocks of the global economy. Dahlman Rose provides institutional sales and trading, equity research, mergers and acquisitions advisory, and underwriting services. For more information regarding Dahlman Rose, please visit www.drco.com.
ABOUT RANGE RESOURCES LTD
Range Resources Limited (ASX: RRS : US-OTCQX: RGRYY) is an oil and gas exploration, development and production company, which is dual-listed on the ASX (RRS) and AIM (RRL). Its principal activities are directed towards finding and delineating hydrocarbons with interests in Puntland, Somalia; the Republic of Georgia, onshore Texas, USA and Trinidad. The Company's initial focus was the exploration of two highly prospective onshore basins, Nugaal and Dharoor in Puntland, Somalia, with Production Sharing Agreements (PSAs) awarded in 2005. Range has since de-risked and broadened its portfolio of assets via strategic agreements to acquire interests in additional exploration prospects and production assets. In mid-2009, the Company bolstered its exploration portfolio of assets via an interest in acreage under PSAs terms with operator, Strait Oil & Gas. Also in 2009, Range purchased an interest in its first production asset, acquiring a 25% interest in Smith#1 in Texas, followed by the acquisition of a 21.75% interest in an oil project in East Texas in 2010. International asset diversification was complete after Range, by mid 2011, completed the acquisition of 100% of Trinidad following the purchase of the remaining 90% interest in the holding and subsidiary companies.
For more information please visit www.rangeresources.com.au
ABOUT OTCQX
The OTCQX marketplace is the premier tier of the U.S. Over-the-Counter (OTC) market, providing investors with an objective measure to distinguish the best OTC-traded companies. Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their investors a level of marketplace services formerly available only on a U.S. exchange. OTCQX provides the highest level of visibility and access to U.S. investors possible in the OTC Market.
For more information, please visit www.otcqx.com.
SOURCE Dahlman Rose & Company, LLC
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