Range Resources Gets $110 Million for Bradford County, PA Assets

In February MDN told you that Range Resources had inked a deal to sell non-operated assets--some 11,000 acres of leases along with shale wells located in Bradford County, PA--for $112 million (see Range Resources 2015: $714M Loss, Sells Non-Operated Marcellus). Range is famously tight-lipped about these kinds of deals and didn't identify who the buyer is. Yesterday Range issued another press release to say that the deal is now done and dusted--the money received and already spent. In the end, Range got $110 million (not $112 million). They still don't say who the buyer is...

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