Range Resources Archives - Page 5 of 7

Range Resources Commences Offer for Memorial’s Senior Notes

August 3, 2016

Range Resources Corporation Commences Offers and Consent Solicitations for Memorial Resource Development Corp.’s Senior Notes and Range’s Senior Subordinated Notes RANGE RESOURCES CORPORATION“Range” (NYSE:RRC) announced today that, in connection with the anticipated merger of Range and Memorial Resources Development Corp. (“Memorial”), Range has commenced offers to Eligible Holders (as defined below) (collectively, the “Eligible Holder Offers”) (1) to either (a)

Range Resources Gearing Up to Meet Future Demand: 200 Pads Ready to Drill

July 27, 2016

Range Resources expects natural gas demand to reach 15.8 Bcf/d by 2020; focusing on Marcellus well returns Low commodity prices continue to take their toll on E&P companies across the U.S., and Range Resources (ticker: RRC) is no exception. But the company is preparing to take advantage of better natural gas prices as the market starts to tighten through the

EnerCom Conference Presenter Focus: Range Resources

July 18, 2016

Range Resources Corporation (ticker: RRC) will be presenting at EnerCom’s The Oil & Gas Conference in Denver on Monday, August 15, 2016 Range Resources is an independent oil and natural gas producer with operations focused in stacked-pay projects in the Appalachian and Southwestern regions of the United States. Range is credited with the discovery of the Marcellus shale play. The

$6-Billion Thai Company Acquires 156 BCF of Marcellus Reserves from Range Resources

May 23, 2016

Kalnin Ventures Announces Closing of Marcellus Asset Acquisition for Banpu Pcl Pays $112 Million for Range’s 29.4% stake in Chaffee Corners JEA Repsol and Abarta Energy own the remaining interest in the exploration area BROOMFIELD, CO–(Marketwired – May 23, 2016) – Kalnin Ventures LLC today announced it has closed the purchase of a 29.4 percent stake from Range Resources –

Range Resources to Acquire Memorial Resource Development in $4.4 Billion Transaction

May 16, 2016

“We believe the returns in Terryville rival the Southern Marcellus”: Jeff Ventura Range Resources (ticker: RRC), the legacy shale gas developer credited with discovering the Marcellus shale play, announced today that it will acquire all of the outstanding shares of Memorial Resource Development Corp. (ticker: MRD) in an all-stock transaction valued at $4.4 billion. The acquisition by Range of Memorial places the

Range Announces Closing of Bradford County Asset Sale

March 29, 2016

Range Announces Closing of Bradford County Asset Sale FORT WORTH, TX–(Marketwired – Mar 28, 2016) – RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that it has completed the sale of its Bradford County non-operated assets. After purchase price adjustments based upon a January 1st effective date, Range received approximately $110 million of sales proceeds at the closing plus retaining the net

Range Reports 2015 Earnings, Announces 2016 Capital Plans

February 25, 2016

RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its 2015 financial results. Highlights – Fourth quarter unit costs reduced by 15%, or $0.46 per mcfe compared to prior-year quarter Fourth quarter natural gas differential improved $0.20, or 35%, compared to prior-year quarter, driven by additional takeaway projects Record annual average daily production of 1.4 Bcfe per day Reserve replacement of 436%

Natural Gas: Growing Infrastructure Shrinks Marcellus-Henry Hub Price Gap

January 27, 2016

The spread between natural gas prices at Henry Hub and in the North East are narrowing as infrastructure increases, according to information from the Energy Information Administration. Henry Hub in Louisiana acts as the main trading point for natural gas in the U.S., but natural gas from the Utica shale plays in Pennsylvania, West Virginia, and Ohio constantly trade lower

Range Resources to Benefit from Mariner East 1 Startup

January 19, 2016

Range expects annual uplift of $90 million in net cash flow once all three pipelines are online Range Resources (ticker: RRC) has always prided itself on optionality and takeaway capacity, and the commissioning of the Mariner East 1 pipeline is about to add to its portfolio. Mariner East 1 will be fully operational in February 2016, according to an article

Energy Market Upside: Range Resources Exploiting America’s Largest Shale Gas Play

January 5, 2016

Increasing takeaway capacity, reduced debt, creating profit from byproducts, 20% growth rate As the oil and gas industry dives into 2016, energy executives and investors alike are hoping the new year can distance itself from the bull market of 2015. Despite the 14 (going on 15) month commodity price downturn, some companies have positioned themselves for capturing the inevitable rebound

Interested in Acquiring STACK Acreage? Range Resources is Listening.

December 16, 2015

RRC Takes Next Step in Divestiture Plan Less than one month after selling its Nora assets in Virginia for $876 million, Range Resources (ticker: RRC) has another attractive piece of acreage on the block. The Fort Worth-based E&P is marketing its leasehold in the STACK (Sooner Trend Anadarko Basin Canadian and Kingfisher Counties) trend of Oklahoma, according to a recent

Range Resources Declares Quarterly Dividend

December 2, 2015

FORT WORTH, TX–(Marketwired – Dec 2, 2015) – RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the fourth quarter. A dividend of $0.04 per common share is payable on December 31, 2015 to stockholders of record at the close of business on December 15, 2015. RANGE RESOURCES

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