Range Announces Pricing of Common Stock Offering

Range Announces Pricing of Common Stock Offering 
FORT WORTH, TX -- (Marketwired) -- 06/12/14 --   RANGE RESOURCES
CORPORATION (NYSE: RRC) today announced that it has priced a public
offering of 4,560,000 shares of its common stock for total estimated
gross proceeds (before deducting underwriters' compensation and
estimated expenses) of approximately $400 million. The Company
granted the underwriters an option for 30 days to purchase up to an
additional 684,000 shares of the Company's common stock. The offering
is expected to close on or about June 17, 2014.  
The Company expects to use the net proceeds from this offering to
fund the early redemption of its previously called 8% Senior
Subordinated Notes and for general corporate purposes.  
BofA Merrill Lynch and J.P. Morgan are acting as joint book-running
managers and have offered the shares at prevailing market prices or
otherwise from time to time through the New York Stock Exchange, in
the over-the-counter market, through negotiated transactions or
otherwise. A copy of the final prospectus supplement and related base
prospectus for the offering may be obtained on the Securities and
Exchange Commission ("SEC") website at www.sec.gov. Alternatively,
the underwriters will arrange to send you the final prospectus
supplement and related base prospectus if you request them by
contacting BofA Merrill Lynch at 222 Broadway, New York, New York
10038, Attention: Prospectus Department, e-mail:
dg.prospectus_requests@baml.com or J.P. Morgan via Broadridge
Financial Solutions at 1155 Long Island Avenue, Edgewood, New York
11717, telephone: (866) 803-9204. 
This offering is made pursuant to an effective shelf registration
statement and prospectus filed by Range with the Securities and
Exchange Commission ("SEC"). This press release shall not constitute
an offer to sell or the solicitation of an offer to buy the shares
described herein, nor shall there be any sale of these shares in any
state or jurisdiction in which such an offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. The offering may be made
only by means of a prospectus and related prospectus supplement
meeting the requirements of Section 10 of the Securities Act of 1933,
as amended. 
RANGE RESOURCES CORPORATION is a leading independent oil and natural
gas producer with operations focused in Appalachia and the
Midcontinent region of the United States. The Company pursues an
organic growth strategy targeting high return, low-cost projects
within its large inventory of low risk, development drilling
opportunities. The Company is headquartered in Fort Worth, Texas.
More information about Range can be found at rangeresources.com.  
All statements, except for statements of historical fact, made in
this release regarding activities, events or developments the Company
expects, believes or anticipates will or may occur in the future,
such as those regarding the final consummation of the transactions
and satisfaction of the required conditions to closing 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 Range'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 results of our hedging transactions, 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,
environmental risks and regulatory changes. Range undertakes no
obligation to publicly update or revise any forward-looking
statements. Further information on risks and uncertainties is
available in Range's filings with the Securities and Exchange
Commission ("SEC"), which are incorporated by reference. 
Range Investor Contacts: 
Rodney Waller
Senior Vice President 
817-869-4258
rwaller@rangeresources.com  
David Amend
Investor Relations Manager 
817-869-4266
damend@rangeresources.com  
Laith Sando
Research Manager
817-869-4267
lsando@rangeresources.com  
Michael Freeman
Financial Analyst
817-869-4264
mfreeman@rangeresources.com  
or 
Range Media Contact: 
Matt Pitzarella
Director of Corporate Communications 
724-873-3224
mpitzarella@rangeresources.com  
www.rangeresources.com 
 
 
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