Table of Contents Table of Contents 2 List of Tables 4 List of Figures 5 Company Snapshot 8 Key Information 8 Company Overview 8 Range Resources Corporation, Valuation and Financial Data 9 Range Resources Corporation, Share Price Performance 9 Share Price Performance, Q4, 2014-Q4, 2015 9 Range Resources Corporation, Key Valuation Metrics 10 Key Valuation Metrics, Q4, 2014-Q4, 2015 10 Range Resources Corporation, Quarterly Results of Oil & Gas Operations Per boe Produced 11 Results of Oil & Gas Operations Per boe Produced, Q4, 2014-Q4, 2015 11 Results of Oil & Gas Operations Per boe Growth Rates, Q4, 2014-Q4, 2015 12 Range Resources Corporation, Quarterly E&P Costs Trends 13 Upstream Capital Expenditure, Q4, 2014-Q4, 2015 13 Range Resources Corporation, Quarterly Production Trends 14 Range Resources Corporation, Total Oil and Gas Production 14 Total Crude Oil and Natural Gas Production Trend, Q4, 2014-Q4, 2015 14 Total Crude Oil & Natural Gas Production, By Country/Region, Q4, 2014-Q4, 2015 15 Range Resources Corporation, Crude Oil Production 16 Total Crude Oil Production Trend, Q4, 2014-Q4, 2015 16 Crude Oil Production, By Country/Region, Q4, 2014-Q4, 2015 17 Range Resources Corporation, Natural Gas Production 18 Total Natural Gas Production Trend, Q4, 2014-Q4, 2015 18 Natural Gas Production, By Country/Region, Q4, 2014-Q4, 2015 19 Range Resources Corporation, Valuation and Financial Data, 2011-2015 20 Range Resources Corporation, Share Price Performance, 2011-2015 20 Share Price Performance, 2011-2015 20 Key Valuation Metrics, 2011-2015 21 Range Resources Corporation, Production and Reserves Trends 22 Total Oil and Gas, Reserves and Production 22 Total Crude Oil and Natural Gas Production and Reserves Trend, 2011-2015 22 Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2011-2015 24 Total Crude Oil and Natural Gas Reserve Changes, 2011-2015 26 Crude Oil/Liquids Production and Reserve 27 Crude Oil/Liquids Production and Reserve Trend, 2011-2015 27 Crude Oil Production and Reserves By Country/Region, 2011-2015 28 Crude Oil/Liquids Reserve Changes, 2011-2015 30 Natural Gas Production and Reserve 31 Natural Gas Production and Reserve Trend, 2011-2015 31 Natural Gas Production and Reserves, By Country/Region, 2011-2015 32 Natural Gas Reserve Changes, 2011-2015 34 Total Crude Oil and Natural Gas Reserves Life Index 35 Total Crude Oil and Natural Gas Reserves Life Index, 2011-2015 35 Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2011-2015 36 Range Resources Corporation, E&P Costs Trends 38 Allocation of the Upstream Capital Expenditure 38 Upstream Capital Expenditure, 2011-2015 38 Acquisition Costs By Country/Region, 2011-2015 39 Exploration and Development Costs, By Country/Region, 2011-2015 40 Oil and Gas Cost Per boe, US$/boe 42 Oil and Gas Cost Per boe, US$/boe, 2011-2015 42 Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2011-2015 44 Range Resources Corporation, Reserve Replacement Ratio 46 Oil and Gas Production Replacement Ratio 46 Oil and Gas Production Replacement Ratio, 2011-2015 46 Oil and Gas Production Replacement Ratio, By Country/Region, 2011-2015 48 Range Resources Corporation, Results of Oil & Gas Operations Trend 52 Oil and Gas Revenue and Expenses 52 Oil and Gas Revenue and Expenses, 2011-2015 52 Oil and Gas Revenue and Expenses, By Country/Region, 2011-2015 53 Oil and Gas Revenue and Expenses, Per boe 58 Oil and Gas Revenue and Expenses, By boe, 2011-2015 58 Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2011-2015 59 Oil and Gas Performance Metrics 63 Range Resources Corporation, Land Holdings and Well Data 64 Developed and Undeveloped Acreage 64 Gross and Net Developed and Undeveloped Acreage, 2011-2015 64 Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2011-2015 65 Well Statistics 68 Producible Oil and Gas Well, 2011-2015 68 Producible Oil and Gas Well, By Country/Region, 2011-2015 69 Exploration and Development Wells Drilled, 2011-2015 73 Exploration and Development Wells Drilled, By Country/Region, 2011-2015 74 Recent Developments 75 Range Resources Corporation - Recent Developments 75 Mar 17, 2016: Range Announces Annual Borrowing Base Approval 75 Feb 25, 2016: Range Announces 6% Increase In Year-End Proved Reserves 75 Feb 25, 2016: Range Reports 2015 Earnings, Announces 2016 Capital Plans 77 Jan 12, 2016: Range Resources Provides Trinidad Operations Update: 13 December 2015 82 Oct 28, 2015: Range Announces Third Quarter 2015 Results 84 Oct 09, 2015: U.S. Department Of Energy: Newly Released Study Highlights Significant Utica Shale Potential 88 Jul 28, 2015: Range Announces Second Quarter 2015 Results 89 Jul 23, 2015: EQT Midstream Partners To Construct Header Pipeline For Range Resources 94 Jun 30, 2015: Range Resources: Puntland Update On June 30, 2015 94 Jun 16, 2015: Citation Resources: North Chapman Ranch RB#2 Well Drilling Update 94 Appendix 96 Methodology 96 Coverage 96 Secondary Research 96 Primary Research 96 Data Information Sources 97 Company Source 97 SEC/Other Regulatory Filings 97 Other Sources 97 Expert Panel Validation 97 Data Definition 97 Oil and Gas Reserves 97 Units of Measure 98 About GlobalData 98 Disclosure 98 Disclaimer 98

List of Tables Table 1: Range Resources Corporation, Key Facts 8 Table 2: Range Resources Corporation, Share Price Performance, Q4, 2014-Q4, 2015 9 Table 3: Range Resources Corporation, Key Valuation Metrics, Q4, 2014-Q4, 2015 10 Table 4: Range Resources Corporation, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q4, 2014-Q4, 2015 11 Table 5: Range Resources Corporation, Results of Oil & Gas Operations Per boe Growth Rates, %, Q4, 2014-Q4, 2015 12 Table 6: Range Resources Corporation, Upstream Capital Expenditure, Q4, 2014-Q4, 2015 13 Table 7: Range Resources Corporation, Total Crude Oil and Natural Gas, Production, Q4, 2014-Q4, 2015 14 Table 8: Range Resources Corporation, Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2014-Q4, 2015 15 Table 9: Range Resources Corporation, Total Crude Oil Production, mmbbl, Q4, 2014-Q4, 2015 16 Table 10: Range Resources Corporation, Crude Oil Production, By Country/Region, mmbbl, Q4, 2014-Q4, 2015 17 Table 11: Range Resources Corporation, Total Natural Gas Production, bcf, Q4, 2014-Q4, 2015 18 Table 12: Range Resources Corporation, Natural Gas Production, By Country/Region, bcf, Q4, 2014-Q4, 2015 19 Table 13: Range Resources Corporation, Share Price Performance, 2011-2015 20 Table 14: Range Resources Corporation, Key Valuation Metrics, 2011-2015 21 Table 15: Range Resources Corporation, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 23 Table 16: Range Resources Corporation, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2011-2015 25 Table 17: Range Resources Corporation, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2011-2015 26 Table 18: Range Resources Corporation, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 27 Table 19: Range Resources Corporation, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2011-2015 29 Table 20: Range Resources Corporation, Crude Oil Reserve Changes, mmbbl, 2011-2015 30 Table 21: Range Resources Corporation, Natural Gas Production and Reserves Metrics, bcf, 2011-2015 31 Table 22: Range Resources Corporation, Natural Gas Production and Reserves, By Country/Region, bcf, 2011-2015 33 Table 23: Range Resources Corporation, Natural Gas Reserve Changes, bcf, 2011-2015 34 Table 24: Range Resources Corporation, Oil and Gas Reserves Life Index, Years, 2011-2015 35 Table 25: Range Resources Corporation, Oil and Gas Reserves Life Index, By Country/Region, Years, 2011-2015 37 Table 26: Range Resources Corporation, Upstream Capital Expenditure, US$ mil, 2011-2015 38 Table 27: Range Resources Corporation, Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 39 Table 28: Range Resources Corporation, Exploration and Development Costs, By Country/Region, US$ mil, 2011-2015 41 Table 29: Range Resources Corporation, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 43 Table 30: Range Resources Corporation, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2011-2015 45 Table 31: Range Resources Corporation, Oil and Gas Production Replacement Ratio, %, 2011-2015 46 Table 32: Range Resources Corporation, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2011-2015 51 Table 33: Range Resources Corporation, Revenue and Expenses, US$ mil, 2011-2015 52 Table 34: Range Resources Corporation, Revenue and Expenses, By Country/Region, US$ mil, 2011-2015 57 Table 35: Range Resources Corporation, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 58 Table 36: Range Resources Corporation, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2011-2015 62 Table 37: Range Resources Corporation, Oil and Gas Performance Metrics, 2011-2015 63 Table 38: Range Resources Corporation, Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 64 Table 39: Range Resources Corporation, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2011-2015 67 Table 40: Range Resources Corporation, Producible Oil and Gas Wells, 2011-2015 68 Table 41: Range Resources Corporation, Producible Oil and Gas Wells, By Country/Region, 2011-2015 72 Table 42: Range Resources Corporation, Exploratory and Developed Wells, 2011-2015 73 Table 43: Range Resources Corporation, Exploratory and Developed Wells, By Country/Region, 2011-2015 74 List of Figures Figure 1: Range Resources Corporation, Share Price Performance, USD/Share, Q4, 2014-Q4, 2015 9 Figure 2: Range Resources Corporation, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q4, 2014-Q4, 2015 10 Figure 3: Range Resources Corporation, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q4, 2014-Q4, 2015 11 Figure 4: Range Resources Corporation, Upstream Capital Expenditure, US$ mil, Q4, 2014-Q4, 2015 13 Figure 5: Range Resources Corporation, Total Crude Oil and Natural Gas, Production, mmboe, Q4, 2014-Q4, 2015 14 Figure 6: Range Resources Corporation, Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2014-Q4, 2015 15 Figure 7: Range Resources Corporation, Total Crude Oil Production, mmbbl, Q4, 2014-Q4, 2015 16 Figure 8: Range Resources Corporation, Crude Oil Production, By Country/Region, mmbbl, Q4, 2014-Q4, 2015 17 Figure 9: Range Resources Corporation, Total Natural Gas Production, bcf, Q4, 2014-Q4, 2015 18 Figure 10: Range Resources Corporation, Natural Gas Production, By Country/Region, bcf, Q4, 2014-Q4, 2015 19 Figure 11: Range Resources Corporation, Share Price Performance, USD/Share, 2011-2015 20 Figure 12: Range Resources Corporation, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2011-2015 21 Figure 13: Range Resources Corporation, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 22 Figure 14: Range Resources Corporation, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2011-2015 24 Figure 15: Range Resources Corporation, Total Oil & Gas Production, By Country/Region, mmboe, 2011-2015 24 Figure 16: Range Resources Corporation, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2015 26 Figure 17: Range Resources Corporation, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 27 Figure 18: Range Resources Corporation, Oil Reserves, End of Period, By Country/Region, mmbbl, 2011-2015 28 Figure 19: Range Resources Corporation, Oil Production, By Country/Region, mmbbl, 2011-2015 28 Figure 20: Range Resources Corporation, Crude Oil Reserve Changes, mmbbl, 2015 30 Figure 21: Range Resources Corporation, Natural Gas Production and Reserves Metrics, bcf, 2011-2015 31 Figure 22: Range Resources Corporation, Gas Reserves, End of Period, By Country/Region, bcf, 2011-2015 32 Figure 23: Range Resources Corporation, Gas Production, By Country/Region, bcf, 2011-2015 32 Figure 24: Range Resources Corporation, Natural Gas Reserve Changes, bcf, 2015 34 Figure 25: Range Resources Corporation, Oil and Gas Reserves Life Index, Years, 2011-2015 35 Figure 26: Range Resources Corporation, Gas Reserve Life Index, By Country/Region, Ratio, 2011-2015 36 Figure 27: Range Resources Corporation, Oil & Gas Reserve Life Index, By Country/Region, Ratio, 2011-2015 36 Figure 28: Range Resources Corporation, Oil Reserve Life Index, By Country/Region, Ratio, 2011-2015 37 Figure 29: Range Resources Corporation, Upstream Capital Expenditure, US$ mil, 2011-2015 38 Figure 30: Range Resources Corporation, Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 39 Figure 31: Range Resources Corporation, Development Costs, By Country/Region, US$ mil, 2011-2015 40 Figure 32: Range Resources Corporation, Exploration Costs, By Country/Region, US$ mil, 2011-2015 40 Figure 33: Range Resources Corporation, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 42 Figure 34: Range Resources Corporation, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 44 Figure 35: Range Resources Corporation, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 44 Figure 36: Range Resources Corporation, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 45 Figure 37: Range Resources Corporation, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2011-2015 46 Figure 38: Range Resources Corporation, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2011-2015 48 Figure 39: Range Resources Corporation, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2011-2015 48 Figure 40: Range Resources Corporation, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2011-2015 49 Figure 41: Range Resources Corporation, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2011-2015 49 Figure 42: Range Resources Corporation, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2011-2015 50 Figure 43: Range Resources Corporation, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2011-2015 50 Figure 44: Range Resources Corporation, Revenue and Expenses, US$ mil, 2011-2015 52 Figure 45: Range Resources Corporation, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 53 Figure 46: Range Resources Corporation, Exploration Expenses, By Country/Region, US$ mil, 2011-2015 53 Figure 47: Range Resources Corporation, Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 54 Figure 48: Range Resources Corporation, Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 54 Figure 49: Range Resources Corporation, Oil & Gas Revenue, By Country/Region, US$ mil, 2011-2015 55 Figure 50: Range Resources Corporation, Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 55 Figure 51: Range Resources Corporation, Production Costs, By Country/Region, US$ mil, 2011-2015 56 Figure 52: Range Resources Corporation, Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 56 Figure 53: Range Resources Corporation, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 58 Figure 54: Range Resources Corporation, Exploration Expenses per boe, By Country/Region, US$/boe, 2011-2015 59 Figure 55: Range Resources Corporation, Income Tax/(Benefit) per boe, By Country/Region, US$/boe, 2011-2015 59 Figure 56: Range Resources Corporation, Lifting Cost per boe, By Country/Region, US$/boe, 2011-2015 60 Figure 57: Range Resources Corporation, Annual Net Income per boe, By Country/Region, US$/boe, 2011-2015 60 Figure 58: Range Resources Corporation, Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2011-2015 61 Figure 59: Range Resources Corporation, Total DD&A per boe, By Country/Region, US$/boe, 2011-2015 61 Figure 60: Range Resources Corporation, Total Revenue per boe, By Country/Region, US$/boe, 2011-2015 62 Figure 61: Range Resources Corporation, Oil and Gas Performance Metrics, 2011-2015 63 Figure 62: Range Resources Corporation, Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 64 Figure 63: Range Resources Corporation, Total Gross Undeveloped Acreage, By Country/Region, Acres, 2011-2015 65 Figure 64: Range Resources Corporation, Total Net Undeveloped Acreage, By Country/Region, Acres, 2011-2015 65 Figure 65: Range Resources Corporation, Total Gross Developed Acreage, By Country/Region, Acres, 2011-2015 66 Figure 66: Range Resources Corporation, Total Net Developed Acreage, By Country/Region, Acres, 2011-2015 66 Figure 67: Range Resources Corporation, Producible Oil and Gas Wells, 2011-2015 68 Figure 68: Range Resources Corporation, Gross Productive Gas Wells, By Country/Region, Number, 2011-2015 69 Figure 69: Range Resources Corporation, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 69 Figure 70: Range Resources Corporation, Gross Productive Oil Wells, By Country/Region, Number, 2011-2015 70 Figure 71: Range Resources Corporation, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2011-2015 70 Figure 72: Range Resources Corporation, Net Productive Gas Wells, By Country/Region, Number, 2011-2015 71 Figure 73: Range Resources Corporation, Net Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 71 Figure 74: Range Resources Corporation, Net Productive Oil Wells, By Country/Region, Number, 2011-2015 72 Figure 75: Range Resources Corporation, Exploratory and Developed Wells, 2011-2015 73