Range Responds to EPA Allegations

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FORT WORTH, Texas--()--RANGE RESOURCES CORPORATION (NYSE: RRC) today issued the following statement regarding the Environmental Protection Agency’s announcement regarding natural gas migration in Parker County, Texas.

Range is committed to the responsible development of our nation’s natural gas resources. That commitment includes being accountable and transparent. Range has been working with the Texas Railroad Commission staff, engineers and field inspectors for several months and has conducted extensive testing of both Range-operated gas wells and the water wells of concern. We’ve provided those findings to the landowner, the Railroad Commission and the EPA.

Based on our findings to date, it’s very clear that our activities have not had any impact on the water aquifer in southern Parker County or the subject water wells. Range’s wells are completed in the Barnett Shale formation which is over a mile below the water zone. The investigation has revealed that methane in the water aquifer existed long before our activity and likely is naturally occurring migration from several shallow gas zones immediately below the water aquifer. Despite these findings, we remain committed to working with regulators and residents to determine the cause and to assist with any remediation the Texas Railroad Commission determines is warranted. Range will also offer to provide drinking water to residents in the area while the investigation continues.

“While the research indicates our activity did not cause any methane in any water well, we’re committed to doing the right thing and to continue to work with regulators to determine the cause and assist landowners,” said Mike Middlebrook, Range Resources vice president of operations. “This is our home, too, and no one wants to make sure this is done right more than we do.”

Additional steps planned by Range include working with the Railroad Commission to perform soil gas surveys that may lead to additional environmental investigation activities and to assist with monitoring gas concentrations.

The Railroad Commission of Texas, which regulates the state’s oil and gas activity, also issued a statement regarding this matter. Please see the multimedia link below to access this release.

RANGE RESOURCES CORPORATION (NYSE: RRC) is an independent oil and gas company operating in the Southwestern and Appalachian regions of the United States.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6538092&lang=en

Contacts

Range Resources Corporation
Rodney Waller, 817-870-2601
Senior Vice President
or
David Amend, 817-870-2601
Investor Relations Manager
or
Karen Giles, 817-870-2601
Corporate Communications Manager
www.rangeresources.com

Contacts

Range Resources Corporation
Rodney Waller, 817-870-2601
Senior Vice President
or
David Amend, 817-870-2601
Investor Relations Manager
or
Karen Giles, 817-870-2601
Corporate Communications Manager
www.rangeresources.com