New Range Files 2nd Quarter Statements

CALGARY, ALBERTA - (Marketwire - Aug. 27, 2007) - New Range Resources Ltd. (TSX VENTURE:RGE) ("New Range" or "the Company") announces that it has filed its unaudited second quarter financial statements for the three and six month periods ended June 30, 2007, together with the corresponding management's discussion and analysis with the Canadian regulatory authorities on SEDAR. This information may be accessed electronically at www.sedar.com.

About New Range

New Range Resources Ltd. is a Calgary based emerging oil and natural gas company, engaged in the exploration, development, acquisition and production of natural gas and medium to light gravity crude oil reserves in Alberta. New Range's common shares trade on the TSX Venture Exchange under the symbol RGE.

New Range's primary corporate objective is to achieve non-dilutive growth and enhance shareholder value through internal prospect development, strategic production acquisitions and prudent financial management.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Website: www.newrangeresources.com

Tags: ,Energy and Utilities,Oil and Gas ,EARNINGS

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New Range Files 2nd Quarter Statements