Range Resources (RRC) says its planned five-rig drilling program for 2013 in the Horizontal...


Range Resources (RRC) says its planned five-rig drilling program for 2013 in the Horizontal Mississippian play is already underway. RRC completed 18 horizontal wells in 2012, with four having initial 24-hour production rates to sales greater than 1K boe/day averaging 83% liquids. RRC says it is "increasingly confident" costs will be low and returns high.

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