Shares in joint venture partners Range Resources and Red Emperor Resources slipped on Friday morning despite the announcement that its Shabeel North well in Puntland, Somalia, is on track.
The well, which was spudded initially at the start of the month, is currently at a depth of 984m; it is targeting a total depth of 2,400m.
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Nationwide: House prices see biggest monthly fall in over two yearsUK house prices dropped by 0.8% in June, according to Nationwide. We reveal the top-performing and worst-performing regions
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Portfolio landlords could save £8,500 by remortgaging – or risk costs soaring by £23,000Buy-to-let landlords with multiple properties could save thousands by taking advantage of this year’s lower mortgage rates, but failing to refinance could see them hit with a £23,000 bill.
