By Oliver Griffin

Shares in Range Resources Ltd. (RRS.AU) soared on Wednesday after the company said that its Range Resources Drilling Services Limited subsidiary has been awarded a contract with Royal Dutch Shell PLC's (RDSB.LN) Shell Trinidad Central Block Limited subsidiary.

The oil services company said that the contract--for an undisclosed sum--initially consists of a one-well workover at Shell's operations onshore Trinidad.

Range Resources Ltd. said that a rig is on location, adding that operations started on March 19 and are expected to last 10 days.

The company's London-listed shares at 0813 GMT were up 29%, or 0.05 pence, at 0.23 pence, having risen to 0.29 pence earlier in the session.

Write to Oliver Griffin at oliver.griffin@dowjones.com

(END) Dow Jones Newswires

March 21, 2018 04:37 ET (08:37 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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