Range Resources Corporation is a leading U.S. independent oil and natural gas producer with operations focused in stacked-pay projects in the Appalachia Basin and Northern Louisiana.
Our overarching business objective is to build stockholder value through consistent growth in reserves and production on a cost-efficient basis. Our strategy to achieve our business objective is to increase reserves and production through internally generated drilling projects coupled with occasional complementary acquisitions and divestitures of non-core assets.
As of December 31, 2015, Range had 9.9 Tcfe of proved reserves, a 6% increase over the prior
year after considering the sale of the Nora properties. In addition, Range estimates 54-70 Tcfe in net unrisked resource potential from the Marcellus and Upper Devonian formations.
Range's common stock is listed on the New York Stock Exchange under the symbol "RRC."
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