- Range announces two new wells with 24-hour initial production rates to sales each greater than 1,000 boe per day averaging 82% liquids.
- Range has completed 18 horizontal wells in 2012 with four of these wells having initial 24-hour production rates to sales greater than 1,000 boe per day averaging 83% liquids.
- Updated production results continue to reaffirm the Company’s estimated 600 Mboe EUR for the greater than 3,500 foot lateral well design.
- 157,000 net acres have been accumulated in Range’s Nemaha Ridge core area where geological characteristics have historically produced superior results.
RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its planned five-rig drilling program for 2013 in the Horizontal Mississippian play along the Nemaha Ridge in Oklahoma and Kansas is already underway.