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North America Resource Plays

Despite Quarterly Loss, Range Buoyed by Ethane Exports, Reaffirmed Credit Line

May 3, 2016
Charlie Passut
Despite reporting a more than $91 million loss in the first quarter, executives with Range Resources Corp. waxed optimistic after the company became the first from North America to export ethane to Europe, and all of its lenders reaffirmed its existing $3 billion credit facility.
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Natural Gas Intelligence (NGI), is a leading provider of natural gas, shale news and market information for the deregulated North American natural gas industry. Since the first issue of Natural Gas Intelligence was published in 1981, NGI has provided key pricing and data relied upon daily by thousands of industry participants in the U.S, Canada and Mexico as well as Central and South America, Europe and Asia.