315852--2/25/2009--RANGE_RESOURCES_CORP

related topics
{gas, price, oil}
{loss, insurance, financial}
{debt, indebtedness, cash}
{regulation, change, law}
{condition, economic, financial}
{cost, regulation, environmental}
{acquisition, growth, future}
{personnel, key, retain}
{regulation, government, change}
Information concerning our reserves and future net reserve estimates is uncertain If oil and gas prices decrease or drilling efforts are unsuccessful, we may be required to record write downs of our oil and gas properties Significant capital expenditures are required to replace our reserves Our future success depends on our ability to replace reserves that we produce Our indebtedness could limit our ability to successfully operate our business Our business is subject to operating hazards that could result in substantial losses or liabilities that may not be fully covered under our insurance policies We are subject to financing and interest rate exposure risks Difficult conditions in the global capital markets and the economy generally may materially adversely affect our business and results of operations Hedging transactions may limit our potential gains and involve other risks Many of our current and potential competitors have greater resources than we have and we may not be able to successfully compete in acquiring, exploring and developing new properties The demand for field services and their ability to meet that demand may limit our ability to drill and produce our oil and natural gas properties A change in the jurisdictional characterization of some of our assets by federal, state or local regulatory agencies or a change in policy by those agencies may result in increased regulation of our assets, which may cause our revenues to decline and operating expenses to increase Should we fail to comply with all applicable FERC administered statutes, rules, regulations and orders, we could be subject to substantial penalties and fines The oil and gas industry is subject to extensive regulation Acquisitions are subject to the risks and uncertainties of evaluating reserves and potential liabilities and may be disruptive and difficult to integrate into our business Our success depends on key members of our management and our ability to attract and retain experienced technical and other professional personnel Drilling is a high-risk activity New technologies may cause our current exploration and drilling methods to become obsolete Our business depends on oil and gas transportation facilities, most of which are owned by others Any failure to meet our debt obligations could harm our business, financial condition and results of operations We exist in a litigious environment Our financial statements are complex

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