Range Eyes Double-Digit Production Growth in 2017-18

摘要

With a major acquisition under its belt and a bullish outlook for oil and gas prices, Range Resources on Wednesday laid out a robust two-year expansion plan that involves boosting production by one-third in 2017 and another 20% in 2018. 'This is the quarter we at Range have been waiting to talk about for a long time,' Chief Financial Officer Roger Manny said during the firm's third-quarter conference call. 'Range has navigated this period of low-price environment well, and the third quarter of 2016 appears to have marked a turning point.'