Market Overview

Range Resources Reports Q4 2012 Production Increase of 35% over Prior Year

Range Resources (NYSE: RRC) today announced that its
fourth quarter 2012 production volumes reached a record high of 844
Mmcfe per day. Fourth quarter 2012 production increased 35% over the
prior-year quarter and was 7% higher than third quarter 2012. While
total production rose 35%, oil and NGL production increased 41% during
the fourth quarter reflecting the Company's focus on its high return,
liquids-rich plays. Production for full-year 2012 averaged 753 Mmcfe per
day, a 36% increase over 2011. This represents Range's ninth consecutive
year of double-digit production growth and posting record production
each year.

The Company also announced its preliminary fourth quarter 2012 natural
gas, NGLs and oil price realizations (including the

See full press release

Posted-In: News Guidance Contracts Asset Sales Management

 

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