RE:It's up to Gulf what happens here...March 7, 2019 NEWS RELEASE RANGE ENERGY PROVIDES UPDATE 3141 Vancouver, BC, Canada Range Energy Resources Inc. (the Company) (CSE: RGO) (FWB: YGK) announces that further to its news release dated February 6, 2019, the Company reports that Gas Plus Khalakan (GPK), the sole contractor of the Khalakan PSC Block in the Kurdistan Region of Iraq, has filed for a court ordered winding up. The Company owns a 24.95% holding in GPK. Since the Companys shareholding voting rights in New Age Alzarooni 2 (NAZZ2), a shareholder of GPK have been reduced or restricted, the Company has concluded that it will not protest the winding-up of GPK. For further information on Range Energy Resources Inc., please visit the Companys web site at www.rangeenergyresources.com. On Behalf of the Board of Directors: Toufic Chahine Chairman Tel: 604-688-9600 Fax: 604-687-3141 Email: range@rangeenergyresources.com