Range Resources Corporation is among the leading independent natural gas companies operating in the United States through subsidiaries in both the Southwestern and Appalachian regions of the country.
The Company pursues an organic growth strategy at low finding costs by exploiting a multi-decade inventory of drilling opportunities. A large portion of the Company’s drilling inventory consists of unconventional resource plays targeting shale and coal bed methane natural gas reservoirs. Our drill bit growth strategy is supplemented periodically with complementary acquisitions in or around our current operations, leveraging our technical expertise to add to the reserve growth potential of the Company. Range has continued to grow record production volumes, averaging 1,056 Mmcfe per day in the first quarter of 2014. At December 31, 2013, Range had 8.2 Tcfe of proved reserves, a 26% increase over the prior year. In addition, Range estimates 64 to 85 Tcfe in net unrisked resource potential; including 3.7 - 4.9 billion barrels of NGLs and crude oil. Range’s common stock is listed on the New York Stock Exchange under the symbol “RRC.”