- Tight Gas & Oil
- Gas Hydrates
The company had agreed to purchase about 27,000 net acres for $200 million but was outbid by an undisclosed party by about $140 million.
Well service work has focused on necessary maintenance and little else in the Marcellus Shale area, according to Hart Energy's Heard In The Field survey respondents.
Range Resources is diversifying its portfolio into the Gulf Coast through an agreement to acquire North Louisiana pure play Memorial Resource Development in an all-stock transaction valued at $4.4 billion.