Post by ErraticPhil on Nov 13, 2014 20:10:53 GMT
Please see attached letter which was sent to Rory Scott Russell on 12th November 2014.
RIG to RSR 12-11-14 Publish.pdf (434.56 KB)
Full text which went out on the email list to members this morning:
Dear RIG members,
Please find our update as follows:
(1) Response to our letter to Range of 28/10/14
Rory Scott Russell has responded with impressive promptness to our follow up this week as we had had no response to the 28th October letter, received yesterday as follows:
"Dear Range Investor Group,
As always I appreciate your comments and questions. It's certainly very comprehensive so let me address a few of the more general issues below and as you suggest – and in the interest of fairness and of course compliance – tackle the remainder at the AGM where I look forward to seeing your representatives.
Firstly, let me acknowledge the error made with regards to the Notice of Results PDF. I'm afraid it was an honest administrative error, and nothing more than that. We have tightened up our controls in terms communication so that this kind of mistake won't happen again.
With regards to your comments on performance, I think we are all in complete agreement when it comes to the need to demonstrate delivery and that is of course our intention. As you note, we have put in place the foundations for recovery and are confident that we can now move forwards and create value for our shareholders. It has been a difficult time for a large number of our peers in the small cap oil space, however, our intention is to outperform the market and we hope to demonstrate this as we continue to deliver on our plans.
The Company will be providing a comprehensive update on its latest developments at the upcoming AGM on 28 November. Additionally, the Board of Directors will be available to answer questions from shareholders during the meeting. Therefore as I said - in the interest of all shareholders - we propose to address further questions that RIG might have at the meeting.
With best regards,
Rory"
(2) RIG feedback on announcements
Virtually crossing in the post with the above, yesterday evening we sent comments on recent announcements, as attached. Thanks as always for your feedback.
(3) Range announcement 13/11/14
Worthy of highlighting, Range has this morning released an update on Trinidad:
www.rangeresources.co.uk/framework/documents/displaydocument.asp?doc=1282
We will be providing feedback in due course, ideally sooner rather than later to be both timely and concise (following feedback from our own members), so please let us know any comments you may have.
(4) AGM voting update
Please don't forget to vote! Please refer to our email sent out on Saturday. As mentioned then, if you wish to let us know how you voted and through which broker, it is good for feedback and follow up.
(5) Membership records updates
As ever, please provide any updates, if your number of shares has changed or you no longer wish to be a member etc.
Kind regards,
The RIG Representatives
www.rangeinvestorgroup.com
RIG to RSR 12-11-14 Publish.pdf (434.56 KB)
Full text which went out on the email list to members this morning:
Dear RIG members,
Please find our update as follows:
(1) Response to our letter to Range of 28/10/14
Rory Scott Russell has responded with impressive promptness to our follow up this week as we had had no response to the 28th October letter, received yesterday as follows:
"Dear Range Investor Group,
As always I appreciate your comments and questions. It's certainly very comprehensive so let me address a few of the more general issues below and as you suggest – and in the interest of fairness and of course compliance – tackle the remainder at the AGM where I look forward to seeing your representatives.
Firstly, let me acknowledge the error made with regards to the Notice of Results PDF. I'm afraid it was an honest administrative error, and nothing more than that. We have tightened up our controls in terms communication so that this kind of mistake won't happen again.
With regards to your comments on performance, I think we are all in complete agreement when it comes to the need to demonstrate delivery and that is of course our intention. As you note, we have put in place the foundations for recovery and are confident that we can now move forwards and create value for our shareholders. It has been a difficult time for a large number of our peers in the small cap oil space, however, our intention is to outperform the market and we hope to demonstrate this as we continue to deliver on our plans.
The Company will be providing a comprehensive update on its latest developments at the upcoming AGM on 28 November. Additionally, the Board of Directors will be available to answer questions from shareholders during the meeting. Therefore as I said - in the interest of all shareholders - we propose to address further questions that RIG might have at the meeting.
With best regards,
Rory"
(2) RIG feedback on announcements
Virtually crossing in the post with the above, yesterday evening we sent comments on recent announcements, as attached. Thanks as always for your feedback.
(3) Range announcement 13/11/14
Worthy of highlighting, Range has this morning released an update on Trinidad:
www.rangeresources.co.uk/framework/documents/displaydocument.asp?doc=1282
We will be providing feedback in due course, ideally sooner rather than later to be both timely and concise (following feedback from our own members), so please let us know any comments you may have.
(4) AGM voting update
Please don't forget to vote! Please refer to our email sent out on Saturday. As mentioned then, if you wish to let us know how you voted and through which broker, it is good for feedback and follow up.
(5) Membership records updates
As ever, please provide any updates, if your number of shares has changed or you no longer wish to be a member etc.
Kind regards,
The RIG Representatives
www.rangeinvestorgroup.com