Current RRC Stock Info

Sale expected to firm up Range Resource’s balance sheet
Range Resources (ticker: RRC) announced yesterday that it will sell its Southern Appalachian Nora assets for a purchase price of $876 million, according to a company press release. The Nora Field produces from multiple stacked pay horizons including coal bed methane, tight gas sand and Devonian shale. According to Range, the resource potential in-place at Nora is approximately 5-6 trillion cubic feet equivalent (Tcfe) of natural gas on approximately 465,000 net acres with approximately 3,...

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