Range Resources Limited is engaged in hydrocarbon exploration and development within Somalia, Republic of Georgia, Texas, Trinidad and Colombia. During the fiscal year ended June 30, 2012 (fiscal 2012) the Company commenced its development drilling program in a Trinidad holding company whose two wholly owned subsidiaries hold production licenses for three blocks in producing onshore oilfields in Trinidad. During fiscal 2012, the Company spudded the historic Shabeel 1 well in the Dharoor Valley. During fiscal 2012, the Company, along with its joint venture partners, spudded the first exploration well- Mukhiani 1, on the Vani 3 Prospect on Block Via. The second (Shabeel North) of two historical exploration wells in Puntland was completed subsequent to the fiscal year end June 30, 2012. On July 1, 2011, the Company acquired 100% of West Indies Exploration Company Ltd and Drilling International Service and Supply Ltd thru SOCA Petroleum Ltd.