Range Announces Changes to Board of Directors: Reginal Spiller Joins the Board of Directors and Steffen Palko Retires
September 27 2021 - 4:35PM
RANGE RESOURCES CORPORATION (NYSE: RRC) (“Range”
or the “Company”) today announced the appointment of Reginal W.
Spiller to its Board of Directors, concurrent with the retirement
of Dr. Steffen A. Palko, effective September 27, 2021.
Range Chairman, Greg Maxwell stated, “We are
very pleased to announce the addition of Reg Spiller to the Range
board. Mr. Spiller has extensive experience in the oil and gas
industry and has served our country at a high level in the U.S.
Department of Energy. He is active with the National Energy
Technology Laboratory (NETL) programs in southwestern Pennsylvania
and West Virginia, as well as other national labs. He has over 40
years of international and domestic oil and gas and energy capital
market experience. His expertise and leadership in the energy
industry, combined with his public service experience advancing
energy technologies, make him a strong addition to Range’s
board.”
Mr. Spiller began his energy career as a
geologist with Exxon USA and is now President and CEO of Azimuth
Energy Investments, LLC, providing energy advisory services to
upstream companies. Mr. Spiller also had a distinguished public
service career, having served as the Deputy Assistant Secretary of
Oil and Gas at the U.S. Department of Energy, focusing on the
development of advanced technologies for the natural gas and oil
industry. He is still active with the DOE’s fossil energy
technology and carbon capture projects and has served on several
National Research Council/National Academy of Science boards. Mr.
Spiller is a member of American Association of Petroleum
Geologists, Society of Petroleum Engineers, Geologic Society of
America, and the National Association of Black Geoscientists.
Mr. Spiller earned a bachelor’s degree in
geology from the State University of New York and a M.S. in geology
from Penn State University.
Greg Maxwell stated, “We want to thank Steve for
his dedicated service to Range. Since joining our board in 2016,
Steve has shared his wisdom, industry experience and expertise in
guiding Range to become the most capital efficient operator in the
Marcellus Shale. We wish Steve and his family all the best in his
retirement.”
Dr. Palko commented, “After serving on the Range
Board for the last five years, it is gratifying to look back at the
accomplishments of the Company and to think about its future
potential as a top-tier operator with a world-class inventory. I
believe that natural gas will play a critical role in the coming
decades as the world moves toward cleaner, more efficient fuels,
and I have the utmost confidence the Range team will translate our
abundant Appalachia resource into significant shareholder
value.”
RANGE RESOURCES CORPORATION (NYSE:
RRC) is a leading U.S. independent natural gas and
NGL producer with operations focused in stacked-pay projects
in the Appalachian Basin. The Company pursues an organic
development 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.
Range Investor Contact:
Laith Sando, Vice President – Investor
Relations817-869-4267lsando@rangeresources.com
Range Media Contact:
Mark Windle, Manager of Corporate
Communications724-873-3223mwindle@rangeresources.com
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