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Range is focused on per share growth, on a debt-adjusted basis. Range plans to prudently grow production volumes with capital discipline and one of the lowest cost structures in the industry.
With this strategy we have established an excellent track record of growth. More importantly, we now have the best inventory of projects in our Company’s history. With ~1 million net acres in Pennsylvania, as well as a number of other low-cost, low-risk targets, we have the potential to grow our proven reserve base by 8 to 10 times.
|08/17/2016Range Resources Corporation Announces Early Tender Results for Offers and Consent Solicitations for Memorial Resource Development Corp.’s 5.875% Senior Notes and all of Range Resources’ Senior Subordinated Notes|
|Approximately 99.69% of Total Outstanding Existing Memorial Senior Notes Tendered
Approximately 93.57% of Total Outstanding Existing Range Senior Subordinated Notes Tendered
FORT WORTH, Texas, Aug. 17, 2016 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (“RANGE”) (NYSE:RRC) announced today the results as of 5:00 p.m., New York City time, on August 16, 2016 (the “Early Tender Deadline”), of its previously announced exchange offers for certain of Range’s and Memorial Resource Development Cor... || |
|08/08/2016Range Resources Corporation to Add New Independent Director to Board|
|Enters into Agreement with SailingStone Capital Partners to Identify New Director
SailingStone Confirms its Intention to Support the Proposed Merger
with Memorial Resource Development Corp.
FORT WORTH, Texas, Aug. 08, 2016 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE:RRC) and SailingStone Capital Partners, LLC, owner of approximately 11% of Range’s shares outstanding, today jointly announced that they have entered into an agreement for Range to appoint to its Board of Directors... || |
|08/03/2016Range Resources Corporation Commences Offers and Consent Solicitations for Memorial Resource Development Corp.’s Senior Notes and Range’s Senior Subordinated Notes|
|FORT WORTH, Texas, Aug. 03, 2016 (GLOBE NEWSWIRE) -- 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) exchange any and all outstanding 5.875% Senior Notes due 2022 issued by Memorial for up to $600 million aggregate principal amount of new sen... || |
|07/26/2016Range Announces Second Quarter 2016 Results|
|FORT WORTH, Texas, July 26, 2016 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE:RRC) today announced its second quarter financial results.
Announced pending merger with Memorial Resource Development Corp.
Second quarter company production averaged 1,421 net Mmcfe per day, up 4% from the prior-year quarter, with Marcellus production averaging a record 1,379 net Mmcfe per day, up 16% from the prior-year quarter
Unit costs reduced by 8%, or $0.24 per mcfe, compar... |
|07/18/2016Range Resources Corporation Announces Record Date and Expected Meeting Date Timing for Special Stockholder Meeting Regarding Merger With Memorial Resources Development Corp.|
|FORT WORTH, TX -- (Marketwired) -- 07/18/16 --
RANGE RESOURCES CORPORATION (NYSE: RRC) ("Range") announced today that it has established a record date and the expected timing of its meeting date for the special meeting of its stockholders to consider and vote upon (i) the proposal (the "Range Stock Issuance Proposal") to approve the issuance of shares of Range common stock, par value $0.01 per share, to stockholders of Memorial Resource Development Corp. (NYSE: MRD) ("MRD") in connection with t... || |