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Range Resources plans to borrow on revolver for 2012 capital budget
By Sara Rosenberg
New York, Feb. 28 - Range Resources Corp. expects to draw $150 million under its revolving credit facility to help fund its 2012 capital budget, according to a news release.
Other funds for the 2012 capital budget will come $400 million of carryover proceeds from asset sales and operating cash flow.
Range Resources is a Fort Worth, Texas-based independent gas and oil company.
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