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