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Range Resources Corp
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Q1 2013 Earnings Presentation
| Jeff Ventura | Page 11 of 11 |
November 25, 2024
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Document:
"Q1 2013 Earnings Presentation"
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0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 Range’s Reserve Base and Upside are Growing Size = Resource Potential Placement = Proved Reserves Proved Reserves (Tcfe) ? Moved 4.7 Tcfe of resource potential into proved reserves in last three years ? Proved reserves have increased by 23% per year on a compounded basis ? Resource potential was 7-10 times proved reserves at year-end ? Improving capital efficiency (1) Net unproved resource potential. Resource potential prior to 2009 was referred to as “Emerging Plays”. (2) Proforma 3.5 Tcfe after Barnett sale. (Tcfe) YE 2007 YE 2008 YE 2009 YE 2010 YE 20YE 2012 Proved Reserves 2.2 2.7 3.1 4.4 (2) 5.1 6.5 Resource Potential (1) 16.2 - 21.9 20.5 - 28.2 24.0 - 31.7 35 - 52 44 - 60 48-68 21.9 28.2 31.7 52.0 60.0 68.0