Business Wire (January 21, 2009)
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Range Achieves 24th Consecutive Quarter of Production Growth.
FORT WORTH, Texas -- RANGE RESOURCES CORPORATION (NYSE: RRC) today provided an operations update. Fourth quarter 2008 production volumes rose to 403 Mmcfe per day, a 17% increase over the prior-year period. On a sequential basis, fourth quarter 2008 production rose 4% compared to the prior quarter. Approximately 82% of the Company's production in the quarter was natural gas. Production for 2008 averaged 386 Mmcfe per day, a 20% increase over 2007....
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