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Range Resources Corp
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April 2024 Company Presentation
| Jeffrey L. Ventura | Page 30 of 11 |
May 05, 2024
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"April 2024 Company Presentation"
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Utica/Point Pleasant Appalachia – Stacked Pay ? ~1.5 million net effective acres (a) in PA leads to decades of drilling inventory ? Activity led by Core Marcellus development in Southwest PA ? ~1,500 producing Marcellus wells demonstrate high quality, consistent results across Range’s position ? ~400,000 net acres in SW PA prospective for Utica / Point Pleasant ? Range’s third dry gas Utica/Point Pleasant well (2016) appears to be one of the best in the basin Stacked Pay and Existing Pads Allow for Multiple Development Opportunities Gas In Place For All Zones Upper Devonian Marcellus (a) Assumes stacked pay opportunities in Marcellus, Utica/Point Pleasant, and Upper Devonian Gas in Place Analysis Shows the Greatest Potential is in Southwest Pennsylvania