Commenting on its 2013 capital budget, Jeff Ventura, the Company’s President and CEO, said, “Our 2013 capital program is designed to deliver outstanding results. The 2013 program is expected to deliver 20% – 25% production growth while strengthening our balance sheet. We have the flexibility to shift capital from dry gas drilling to our liquids-rich plays which generate exceptional returns for our shareholders. In addition, we expect to achieve double digit per share growth in production and reserves while continuing to focus on reducing expenses in our already low cost structure. As we finish up 2012 and look forward to 2013, Range is very well positioned as our high quality portfolio of low cost drilling projects covering over two million acres of leasehold should generate attractive returns for our shareholders for many years to come.”Non-GAAP Financial Measures
Range Announces 2013 Capital Spending And Divestiture Plans
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