Range Resources Company Profile - Aug 04, 2011 by WrightReports

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Range Resources Corporation is an independent natural gas and oil company. The Company is engaged in the exploration, development and acquisition of primarily natural gas and oil properties, mostly in the Appalachian and Southwestern regions of the United States. As of December 31, 2010, it owned 2,688,000 gross (2,078,000 net) acres of leasehold, including 340,000 acres where it also owned a royalty interest. The Company has built a multi-year drilling inventory that is estimated to contain over 8,100 drilling locations, both proven and unproven. During the year ended December 31, 2010, its proved reserves consisted of 4.4 trillion cubic feet equivalent (Tcfe) of proved reserves, 80% natural gas, 49% proved developed, 85% operated and a reserve life of 22.3 years. During 2010, the Company acquired acreage located in its core areas, primarily in the Marcellus Shale, and sold its tight gas sand properties in Ohio.

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Range Resources Corporation
                                                                                        440 Wheelers Farms Road
                                                                                        Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in U.S. Dollars

                                 Wright Quality Rating:ACNN                                  Key Data

   Range Resources Corporation is an independent natural gas and oil company. The            Ticker:
   Company is engaged in the exploration, development and acquisition of primarily           RRC
   natural gas and oil properties, mostly in the Appalachian and Southwestern regions
   of the United States. As of December 31, 2010, it owned 2,688,000 gross                   2010 Sales:
   (2,078,000 net) acres of leasehold, including 340,000 acres where it also owned a
                                                                                             910,675,000
   royalty interest. The Company has built a multi-year drilling inventory that is
   estimated to contain over 8,100 drilling locations, both proven and unproven. During
   the year ended December 31, 2010, its proved reserves consisted of 4.4 trillion cubic     Major Industry:
   feet equivalent (Tcfe) of proved reserves, 80% natural gas, 49% proved developed,         Oil, Gas, Coal & Related
   85% operated and a reserve life of 22.3 years. During 2010, the Company acquired          Services
   acreage located in its core areas, primarily in the Marcellus Shale, and sold its tight
   gas sand properties in Ohio.                                                              Sub Industry:
                       Stock Chart                                  Officers                 Crude Oil & Natural Gas
                                                                   Chairman                  Producers
                                                                John H. Pinkerton
                                                                                      Country:
                                                         President, Chief Executive & United States
                                                           Chief Operating Officer
                                                               Jeffrey L. Ventura     Currency:
                                                                                      U.S. Dollars
                                                          Executive Vice President &
                                                            Chief Financial Officer
                                                                                      Fiscal Year Ends:
                                                                Roger S. Manny
                                                                                      December
                                                            Senior Vice President,
                                                         Secretary & 
								
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