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Appalachian Pure-Plays Cabot, Range Staying in Maintenance Mode This Year

Appalachian Pure-Plays Cabot, Range Staying in Maintenance Mode This Year Appalachian heavyweights Cabot Oil & Gas Corp. and Range Resources Corp. both plan to keep spending and production flat this year despite an improving outlook for natural gas.  “While a warmer start to the winter heating season and higher storage levels resulted in wider than anticipated differentials across the Appalachian Basin during the fourth quarter, we remain optimistic that the improving outlook for lower end-of-season inventories will provide tailwinds for regional natural gas prices during 2021,” said Cabot CEO Dan Dinges on Thursday after the fourth quarter results were issued. Full-year natural gas price realizations, including hedges, were $1.68/Mcf, down 31% from 2019. Cabot produces 100% natural gas. 

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Victory Resources Corp. Ready to Launch Gold Drilling Program on Promising Nevada Property

NEW YORK, NY, Feb. 26, 2021 (GLOBE NEWSWIRE) Victory Resources Corp. (OTC Pink: VRCFF) (CSE: VR) (FSE: VR61) recently added additional funding to its coffers, which will be used, in part, to begin its first drilling program on the Loner Property in Nevada. It’s a property that the company only recently optioned from Silver Range Resources in late December, and since optioning the property, Victory Resources has moved quickly to take full advantage of its exploration opportunities there with a carefully laid out 500-meter short hole drilling program. The company’s planned drilling program is expected to begin next month (March 2021), weather permitting, now that Victory Resources has received the much-anticipated drilling permit for the project from the Nevada State Office of the Bureau of Land Management giving Victory Resources the go-ahead as announced this week. According to Victory Resource’s Director and VP of Exploration, David R. Deering, P.Eng., the first

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Range 2020 Update: Drilled 67 Wells, Avg 2.2 Bcf/d, Lost 2M

Range 2020 Update: Drilled 67 Wells, Avg 2.2 Bcf/d, Lost 2M
marcellusdrilling.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marcellusdrilling.com Daily Mail and Mail on Sunday newspapers.

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February 25, 2021 | Marcellus Drilling News

February 25, 2021 | Marcellus Drilling News
marcellusdrilling.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marcellusdrilling.com Daily Mail and Mail on Sunday newspapers.

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Range Resources Corp (RRC) Q4 2020 Earnings Call Transcript

Range Resources Corp (RRC) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Range Resources Corp (NYSE: RRC) Popular Searches Operator Welcome to the Range Resources Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions] Statements made during this conference call that are not historical facts are forward-looking statements. Such statements are subject to risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements. [Operator Instructions] At this time, I would like to turn the call over to Mr. Laith Sando, Vice President, Investor Relations at Range Resources. Please go ahead, sir.

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