Range Sells Coal Bed Methane Wells in VA, Focusing on Marcellus | Marcellus Drilling News
Range Resources announced yesterday they are selling off 3,500 operated wells and approximately 460,000 net acres in the Nora/Haysi combined fields located in southwestern Virginia for $876 million to an unnamed buyer. The reason for the sale? Range is using the money to reduce debt and further concentrate on the "core" of their operations in