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Range Resources Corp
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April 2024 Company Presentation
| Jeffrey L. Ventura | Page 5 of 11 |
May 05, 2024
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"April 2024 Company Presentation"
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$0.00 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50 $4.00 Unmatched Core Marcellus Inventory 30+ Years of Core Marcellus Inventory 5 Notes: Highlighted areas represent townships where Range holds ~2,000 or more acres. a) PV10 breakeven price per well includes all-in well costs, gathering, processing, transport, pricing differentials, LOE and production taxes. WTI/NGL realization (% of WTI) used for the cases are $1.50: $40/48%, $2: $50/45%, $2.50: $60/42.5%, $3: $70/40%. ~440,000 Net Acres in Southwest Pennsylvania ~70,000 Net Acres in Northeast Pennsylvania 28 Million Lateral Feet of Undrilled Core Marcellus at YE 2023 $/MMbtu Breakeven ~87% of Undrilled Core Marcellus Inventory Breaks Even Under $2.50 Additional Core Utica/Point Pleasant and Upper Devonian Extend Range’s Inventory Even Further Lateral Feet of Undrilled Core Marcellus Inventory