Range Resources said that for the six months to the end of December, average production was 605 barrels per day, up 22% from the same period the year before.
First half pretax loss totaled
We are extremely encouraged by the progress in both operational and financial performance demonstrated in the interim results.
"We continue to invest in growing the asset base and completed two important acquisitions during the period. Throughout the remainder of this year we look forward to seeing further improvements in key metrics such as operating costs as a result of RRDSL acquisition, and revenue growth from our upstream assets. We are confident that as we focus on growing the business, we will continue to deliver substantive value and results to our shareholders," said Chief Executive Officer Yan Liu.
Shares in Range Resources were down 1.1% at
