The Board of Directors are responsible for the overall strategy, governance and performance of Range Resources Limited and its controlled entities.
Range Resources Limited is a Trinidad focused independent Exploration and Production Company whose strategy is to add substantial shareholder value through exploration, development and commercialisation of its projects.
Principles of Best Practice Recommendations
The Board has adopted a corporate governance framework which it considers to be suitable given the size, history and strategy of the Group, and consistent with the ASX Corporate Governance Council’s Principles of Good Corporate Governance and Best Practice Recommendations (ASX Principles and Recommendations 3rd Edition).
The Board has adopted the following Policies:
In accordance with ASX Listing Rule 4.10.3, Range Resources Limited is required to disclose the extent to which it has followed the Principles of Good Corporate Governance and Best Practice Recommendations during the financial year, through its corporate governance statement in the Company’s Annual Report. Where the Company has not followed a recommendation, reasons why they haven’t been adopted are given.
The corporate governance practices disclosed by Range Resources Limited in the corporate governance statement are in place throughout the reporting year.