Why This Company Is More Bullish on the Marcellus Than Ever Before – DailyFinance

Even as many energy producers continue to focus primarily on oil, some are aggressively ramping up gas-drilling activity. Range Resources , for instance, plans to boost its capital budget for the year by $220 million to $1.52 million, as the Fort Worth, Texas-based gas producer seeks to capitalize on high gas prices and its massive inventory of high-margin drilling opportunities in the Marcellus shale. Let’s take a closer look at whether or not it’s a smart move.

via Why This Company Is More Bullish on the Marcellus Than Ever Before – DailyFinance.

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