- Associated Press - Friday, February 20, 2015

OKLAHOMA CITY (AP) - Range Resources Corp. has closed its Oklahoma City office, resulting in the loss of 100 area jobs.

Ray Walker, the chief operating officer for the Fort Worth oil and natural gas company, said low commodity prices led to the closure.

“This is not a decision that we take lightly. All of the talented and hardworking men and women affected by the workforce reduction have earned our respect as professionals and as people,” Walker said in a statement.

Affected employees were placed on 60-day paid leave before their employment officially ends April 20, according to a notice sent to state and local officials.

Range Resources said the opportunity to transfer to other locations was offered to about one-third of the employees. Those who did not receive an offer will get severance packages.

The job responsibilities that were handled at the Oklahoma City office will be transferred to the company’s Fort Worth offices.


Information from: The Oklahoman, https://www.newsok.com

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