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Former Range Resources execs making big splash in Ohio

Paul J. Gough
Former Range Resources execs making big splash in Ohio

Encino Energy, which with the Canada Pension Plan Investment Board acquired Chesapeake Energy’s Utica holdings for $2 billion last year, has quickly leapt to become one of Ohio’s biggest natural gas producers with 278.1 million cubic feet of natural gas production in 2017. The privately held Encino has about 125 employees in Ohio and another 90 or so at its headquarters in Houston. While Encino is relatively new to the scene — it was founded in 2011 by Hardy Murchison — there’s a distinct flavor of a company deeply steeped in the Marcellus Shale and southwestern Pennsylvania: Murchison is a former executive at Range Resources Corp. Executive Chairman John Pinkerton is the former chairman, president and CEO of Range.