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Range Resources 3Q16: Smaller Loss of $42M, Marc Production Up 9% | Marcellus Drilling News
Range Resources, the very first company to sink a Marcellus well, issued their third quarter update yesterday. Among the highlights: Range lost $42 million for the quarter, which is a vast improvement over 3Q15 when the company lost $301 million. So things are getting better, financially. Marcellus production was 1,396 million cubic feet equivalent (Mmcfe)