Mystery Solved: Lime Rock Buyer of 2% Royalty Interest in Range

On Monday MDN brought you the news that Range Resources has sold a 2% overriding royalty interest on 350,000 acres “in southwest Appalachia” for $600 million (see Range Resources Sells 2% Royalty Interest + 20K Acres for $634M). Range’s announcement did not identify who, exactly, was the company doing the purchasing. Yesterday Lime Rock Resources, which acquires and operates producing oil and gas wells across the country (as well as investing in others’ programs) self-identified as the buyer.

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