NYSE:RRC$36.36-0.23

2000 - 2006

2006

  • Delivered 16 consecutive quarters of increasing production growth.
  • Purchased Stroud Energy with operations in the Barnett Shale in North Texas for $465 million.
  • At year-end 2006 – reserves were 1.8 Tcfe.

2005

  • Purchased Permian Basin assets for $116 million.
  • Delivered 12 consecutive quarters of increasing production growth.
  • At year-end 2005 – reserves were 1.4 tcfe.

2004

  • Drilled the first vertical successful well in the Marcellus Shale – the Renz #1 in Washington County, Pennsylvania.
  • Purchased the remaining 50% in Great Lakes Energy Partners L.L.C., our Appalachian joint venture for $298 million.
  • Purchased coal bed methane properties in Virginia for $222 million.
  • Delivered eight consecutive quarters of increasing production growth.
  • At year-end 2004, reserves were 1.2 tcfe.

2003

  • At year-end 2003, reserves were 685 bcfe.
  • Delivered four consecutive quarters of increasing production growth.

2002

  • At year-end 2002, reserves were 578 bcfe.

2001

  • Began to transition to a more technically driven growth strategy with the objective to achieve consistent growth in reserves and production through drilling.  The acquisition strategy focused on incremental interests in existing and adjacent properties to enhance growth.
  • At year-end 2001, reserves were 513 bcfe.