Puntland has always been the main focus for Range. How did that come about?
Range has been around for quite some time, it did have some nickel tenements in Western Australia some years ago. Back in 2004, the Tsunami that hit Indonesia also caused some damage over on the eastern coast of Somalia. There were some charity groups in Western Australia who went over and did some aid work on the coast over there and they got chatting to the government, which said ‘we really want foreign investment to try and realise some value in our natural resources’. They came back to Australia and said ‘we’re looking for a vehicle to put something into’ and Range Resources was there, which was when Peter Landau got involved. He secured the onshore/offshore mineral and hydrocarbon rights to Puntland back in 2005. Subsequent to that he looked to attract a joint venture partner to come in on the onshore, which is where Africa Oil (TSX:AOI) stepped in and they took 80% of the two onshore licences. We had all the mineral rights onshore but the bigger picture was the hydrocarbons, so w
