RANGE RESOURCES CORPORATION (NYSE: RRC) announced today the
addition of Jim Funk as a new member to the Company's Board of
Directors. Dr. Funk is currently the President of J.M. Funk &
Associates, an oil and gas business consulting firm, and has more than
30 years of experience in the oil and gas business. From 1976 through
1998, Dr. Funk was with Shell Oil Company and its affiliates, including
serving as President of Shell Continental Companies, President of Shell
Midstream Enterprises, Inc., and Vice President of Shell Offshore, Inc.
From 2000 to 2003, he served as Senior Vice President of Equitable
Resources, Inc. From 2004 to 2008, Dr. Funk has served as a Director of
Matador Resources Company, a private oil and gas company. Dr. Funk has
served as a Director of Superior Energy Services, Inc., a NYSE listed
oilfield services company, since 2005.
Dr. Funk is a graduate of Wittenberg University where he received an
A.B. in Geology, and he also holds a M.S. in Geology from the University
of Connecticut, and a Ph.D. in Geology from the University of Kansas.
Dr. Funk resides in Sewickley, Pennsylvania.
John H. Pinkerton, Range’s Chairman and Chief Executive Officer
commented, "The expansion of Range’s Board to add an additional
independent director with deep technical experience and knowledge of our
industry ensures the Company will continue to benefit from a diversity
of experience and opinions. Jim’s expertise will be a significant asset
to our Company as we continue to grow our reserve base, and we are
delighted to have him join our Board of Directors."
RANGE RESOURCES CORPORATION (NYSE: RRC) is an independent oil and
gas company operating in the Permian, Midcontinent, Gulf Coast and
Appalachian regions of the United States.
Except for historical information, statements made in this release,
including those relating to future results are forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934.
These
statements are based on assumptions and estimates that management
believes are reasonable based on currently available information;
however, management’s assumptions and the Company’s future performance
are subject to a wide range of business risks and uncertainties and
there is no assurance that these goals and projections can or will be
met.
Any number of factors could cause actual results to differ
materially from those in the forward-looking statements, including, but
not limited to, the volatility of oil and gas prices, the costs and
results of drilling and operations, the timing of production, mechanical
and other inherent risks associated with oil and gas production,
weather, the availability of drilling equipment, changes in interest
rates, litigation, uncertainties about reserve estimates, and
environmental risks.
The Company undertakes no obligation to
publicly update or revise any forward-looking statements.
Further
information on risks and uncertainties is available in the Company’s
filings with the Securities and Exchange Commission, which are
incorporated by reference.