Range Energy Resources Inc. is a publicly listed company currently trading under the symbol "RGO" on the Canadian Securities Exchange (CSE). Range maintains a 24.95% economic interest in the Shewashan Field, a proven oil discovery in the Kurdistan region of Northern Iraq (“KRG”). The KRG Ministry of Natural Resources has approved the Shewashan Field Development Plan which is being implemented by Range’s co-ventures in the block. The Field Development Plan includes the implementation of multiple production wells and top side processing and storage facilities for up to 10,000 bopd production and 30,000 bbl of storage. Range has been fortunate to receive funding from several institutional shareholders through the exploration phase and is pleased to have commenced development of the infrastructure required to produce oil in the KRG domestic and international markets.