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Tag Archives: Marcellus Shale assets

Range Resources sells Marcellus assets

natural gas drilling rig

Range Resources closed its Bradford County, Pennsylvania non-operated asset sale. The purchase agreement was made in early February and included the company’s non-operating Marcellus interest in Bradford County, Pennsylvania for about $112 million, according to Zacks.  Wall Street 24 notes that the sale of the Bradford County assets caused shares of Range Resources stock to increase, indicating a 3.65 percent ...

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WPX Energy signs another deal


This morning, WPX Energy announced that it has signed another agreement to sell more of its Marcellus Shale assets. WPX has agreed to sell a package of its Marcellus Shale marketing contracts and will share certain related firm transportation capacities for $200 million cash to an undisclosed buyer.  The agreement includes assorted long-term natural gas purchase and sales agreements and ...

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Trans Energy is selling

Last Thursday, Trans Energy Inc. shared that it will be selling some of its Marcellus Shale assets. Trans Energy is planning to sell 12 of its operating wells, along with 5,159 acres located in Wetzel County, West Virginia.  The wells and acreage combined is about one-third of the company’s acreage it has in the Marcellus Shale formation.  The assets are ...

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