The company has signed an agreement with Edeco Petroleum Services to provide the drilling rig, with operations currently underway on preparing and servicing the rig and associated inventory in readiness for mobilization, currently slated to begin March 2011, with spudding in April 2011.
The company engaged drilling project manager First Drill Limited to assist in identifying the most appropriate rig for the proposed Georgian drilling program and to help supervise the program.
Range Resources executive director Peter Landau said that this is a significant and exciting milestone for the company, as it paves the way for its first exploration well in Georgia, following the successful seismic program and helium survey.
