Range Resources (RRC) says it expects capital spending to fall 19% to $1.3B in 2013, with nearly...

|About: Range Resources Corporation (RRC)|By:, SA News Editor

Range Resources (RRC) says it expects capital spending to fall 19% to $1.3B in 2013, with nearly 85% of the budget going to its oil and liquids-rich operations in the Marcellus and Horizontal Mississippian shale fields. Plans to sell certain of its Permian Basin properties in southeast New Mexico and west Texas. RRC +0.4% premarket.