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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Despite Quarterly Loss, Range Buoyed by Ethane Exports, Reaffirmed Credit Line
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.
Range Resources Exec Apologizes For Questionable Comments At Pennsylvania Meeting
A Range Resources Corp. executive has released a written apology on the company’s website weeks after he told attendees of a Pennsylvania Bar Institute meeting that the company intentionally avoids siting its well pads next to wealthy neighborhoods where deep-pocketed residents could have the means to challenge development.
Range Resources Exec Apologizes For Questionable Comments At Pennsylvania Meeting
A Range Resources Corp. executive has released a written apology on the company’s website weeks after he told attendees of a Pennsylvania Bar Institute meeting that the company intentionally avoids siting its well pads next to wealthy neighborhoods where deep-pocketed residents could have the means to challenge development.
NatGas Cash Eases as California Generators Feel the Squeeze; Futures Drop 7 Cents
Both next-day physical natural gas prices and futures took it on the chin in Thursday’s trading as a combination of weather forecasts, soft power prices and an uninspired government storage report kept a damper on pricing.
NatGas Cash Eases as California Generators Feel the Squeeze; Futures Drop 7 Cents
Both next-day physical natural gas prices and futures took it on the chin in Thursday’s trading as a combination of weather forecasts, soft power prices and an uninspired government storage report kept a damper on pricing.
Range Completes $110M Sale of Non-Operated Northeast Pennsylvania Assets
Range Resources Corp. has closed the sale of nearly 11,000 non-operated acres in Northeast Pennsylvania’s Bradford County as it continues to divest noncore assets and pay down debt during the commodities slump.
Colorado Lawmakers Want to Halt Tougher Federal Ozone Standard
State legislators spoke out against new, more stringent federal ozone standards as a prelude to a stakeholder meeting held Thursday in Denver by Colorado air pollution officials who are focused on implementing the older, 2008 ozone standard by 2017. Government and business officials in the state are lined up strongly opposed to the tougher requirement.