THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATIONS (EU) NO. 596/2014 ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

DIRECTOR RESIGNATION, WITHDRAWAL OF AGM RESOLUTION

Range, an international company with oil and gas projects and oilfield service businesses in Trinidad and Indonesia, wishes to advise that Dr Yi Zeng has tendered his resignation as Non-Executive Director for personal reasons, effective immediately.

As a result, Resolution 3, the re-election of Dr Yi Zeng currently tabled for the Company's Annual General Meeting on 30 November 2018 has been withdrawn. The withdrawal of Resolution 3 will not affect the validity of the proxy form attached to the Notice of Annual General Meeting announced on 24 October 2018 or any proxy votes already made.

Range's Chairman, Zhiwei Gu, commented:

"On behalf of the Board, I would like to extend gratitude to Dr Zeng for his significant contribution and invaluable support of the Company over the past two years. We wish him the best of luck in his future endeavours."

Note relating to statutory disclosure of significant shareholdings

Statutory disclosure of significant shareholdings (as defined in the AIM Rules) is different for Australian companies and may not always ensure compliance with the requirements of Rule 17 of the AIM Rules.  All shareholders who are holding (directly or indirectly), 3% or more of the issued and outstanding Ordinary Shares are requested to notify the Company without delay of any changes to their holding which increase or decrease such holding through any single percentage. Likewise, shareholders who acquire 3% or more of the issued and outstanding Ordinary Shares are requested to notify the Company without delay.