-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SUpGtyspfUXQ6pP84bEbiWNIdqx6bRAPcjDz+lj0YB/MbJrYwfzXhayLFitGfu4Q v/bVFhPvlX5we8WSBjBL0Q== 0000950134-08-011432.txt : 20080618 0000950134-08-011432.hdr.sgml : 20080618 20080618171832 ACCESSION NUMBER: 0000950134-08-011432 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080617 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080618 DATE AS OF CHANGE: 20080618 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RANGE RESOURCES CORP CENTRAL INDEX KEY: 0000315852 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 341312571 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12209 FILM NUMBER: 08906343 BUSINESS ADDRESS: STREET 1: 100 THROCKMORTON STE. 1200 CITY: FT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 817-870-2601 MAIL ADDRESS: STREET 1: 100 THROCKMORTON STE. 1200 CITY: FT WORTH STATE: TX ZIP: 76102 FORMER COMPANY: FORMER CONFORMED NAME: LOMAK PETROLEUM INC DATE OF NAME CHANGE: 19920703 8-K 1 d57774e8vk.htm FORM 8-K e8vk
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
June 18, 2008 (June 17, 2008)
RANGE RESOURCES CORPORATION
(Exact name of registrant as specified in its charter)
         
Delaware   001-12209   34-1312571
         
(State or other jurisdiction of
incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)
     
777 Main Street, Suite 800    
Ft. Worth, Texas   76102
     
(Address of principal executive   (Zip Code)
offices)    
Registrant’s telephone number, including area code: (817) 870-2601
(Former name or former address, if changed since last report): Not applicable
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2. below):
  o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
  o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
  o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
  o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

ITEM 7.01 Regulation FD Disclosure
     On June 17, 2008 Range Resources Corporation issued a joint press release announcing an agreement with MarkWest Energy Partners, L.P. to construct and operate gas gathering pipelines and processing facilities associated with its Appalachian Basin. A copy of this press release is being furnished as an exhibit to this report on Form 8-K.
     In accordance with General Instruction B.2. of Form 8-K, the information in this Current Report on Form 8-K under this heading, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth in such a filing.
ITEM 9.01 Financial Statements and Exhibits
     (c) Exhibits:
  99.1   Press Release dated June 17, 2008

2


 

SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  RANGE RESOURCES CORPORATION
 
 
  By:   /s/ Roger S. Manny    
    Roger S. Manny   
    Senior Vice President   
 
Date: June 18, 2008

3


 

EXHIBIT INDEX
     
Exhibit Number   Description
 
   
99.1
  Press Release dated June 17, 2008

4

EX-99.1 2 d57774exv99w1.htm PRESS RELEASE exv99w1
EXHIBIT 99.1
NEWS RELEASE
RANGE RESOURCES AND MARKWEST ENERGY PARTNERS
ANNOUNCE MARCELLUS SHALE AGREEMENT
FORT WORTH AND DENVER — JUNE 17, 2008...RANGE RESOURCES CORPORATION (NYSE: RRC) AND MARKWEST ENERGY PARTNERS, L.P. (NYSE:MWE) today announced their agreement for MarkWest to construct and operate gas gathering pipelines and processing facilities associated with Range’s Marcellus Shale acreage in the Appalachian Basin. MarkWest expects to invest approximately $50 million in 2008 and anticipates investing up to an additional $125 million in 2009 based on projects currently being developed.
“We are very pleased to announce this arrangement with MarkWest Energy Partners,” said John Pinkerton, Chairman of the Board and Chief Executive Officer of Range Resources. “Range has well over one million net acres in the Marcellus play. Having the pipeline and processing infrastructure in place will be important for us to develop the reserve potential of the play. Given our continued drilling success in the Marcellus and the MarkWest arrangement, we anticipate selling material quantities of natural gas by the first quarter 2009. MarkWest has a proven track record of supporting producers in the development of shale plays, and we look forward to partnering with them.”
“We are excited about this agreement and our strategic relationship with Range Resources,” said Frank Semple, President and Chief Executive Officer of MarkWest Energy Partners. “The Marcellus Shale is one of the most exciting new natural gas plays in the U.S., and Range is leading the development of this important resource. This gathering and processing arrangement will establish our presence in the prolific Marcellus Shale play and will provide the critical link between gas produced at the wellhead and downstream delivery to the markets.”
MarkWest will discuss the project in more detail in its second quarter earnings release conference call.
RANGE RESOURCES CORPORATION is an independent oil and gas company operating in the Southwestern, Appalachian and Gulf Coast regions of the United States.
MARKWEST ENERGY PARTNERS, L.P. is a growth-oriented master limited partnership engaged in the gathering, transportation, and processing of natural gas; the transportation, fractionation, marketing, and storage of natural gas liquids; and the gathering and transportation of crude oil. MarkWest has extensive natural gas gathering, processing, and transmission operations in the southwestern and Gulf Coast regions of the United States and is the largest natural gas processor in the Appalachian region. The primary business strategy of MarkWest is to provide outstanding customer service at competitive rates and to expand its assets and cash flow available for distribution through a balanced combination of organic growth projects and selective acquisitions.
Range Resources Corporation Forward-Looking Statements: Except for historical information, statements made in this press release, including those relating to expected capital expenditures, acquisitions, production growth, reserve additions and rates of return 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 Range’s management believes are reasonable based on currently available information; however,

5


 

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 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. 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, which are incorporated by reference, as well as in the MarkWest Energy Partners, L.P. Forward-Looking Statements below.
MarkWest Energy Partners, L.P. Forward-Looking Statements: This press release includes “forward-looking statements.” All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. Actual results could vary significantly from those expressed or implied in such statements and are subject to a number of risks and uncertainties. Although MarkWest believes that the expectations reflected in the forward-looking statements are reasonable, MarkWest can give no assurance that such expectations will prove to be correct. The forward-looking statements involve risks and uncertainties that affect MarkWest’s operations, financial performance, and other factors as discussed in filings with the Securities and Exchange Commission. Among the factors that could cause results to differ materially are those risks discussed in MarkWest’s Annual Report on Form 10-K, as amended, for the year ended December 31, 2007, as filed with the SEC. You are urged to carefully review and consider the cautionary statements and other disclosures made in those filings, specifically those under the heading “Risk Factors,“as well as in the Range Resources Corporation Forward-Looking Statements disclosure above. MarkWest does not undertake any duty to update any forward-looking statement except as required by law.
Range Resources Corporation:
2008-20
     
Contact:
  Rodney Waller, Senior Vice President
 
  David Amend, IR Manager
 
  Karen Giles, Corporate Communications Manager
 
  (817) 870-2601
 
  www.rangeresources.com
MarkWest Energy Partners, L.P.
1515 Arapahoe Street
Tower 2, Suite 700
Denver, CO 80202
     
Contact:
  Frank Semple, President & CEO
 
  Nancy Buese, Senior VP and CFO
 
  Andy Schroeder, VP Finance & Treasurer
Phone:
  (866) 858-0482 Fax: (303) 925-9308
E-mail:
  investorrelations@markwest.com
Website:
  www.markwest.com

6

-----END PRIVACY-ENHANCED MESSAGE-----