Another scenario in this Forbes article is that a major buys out Range Resources like it did XTO. When you spend more than you make, you have to make a deal and cut corners where you can and that’s when things like Doody Gate happens.
To fill the funding gap Range has some options. First, it will likely sell assets, most likely its non-Marcellus fields in the Permian Basin, Granite Wash and Barnett Shale areas. This is in keeping with Range’s penchant for “high-grading” its portfolio.