Range Announces Appalachian Overriding Royalty Sale for $300M

Vinson & Elkins advised Range Resources Corporation in its agreement to sell a proportionately reduced 1% overriding royalty in its Washington County, Pennsylvania leases for gross proceeds of $300 million.

Range Resources is a leading U.S. independent natural gas, NGL and oil producer with operations focused in stacked-pay projects in the Appalachian Basin and North Louisiana.

The V&E corporate team was led by partner Bryan Loocke with assistance from associates Cesar Leyva and Josh Rocha. Also advising were partner Todd Way, senior associate Julia Pashin and associate Megan James; and partner Larry Nettles.

For more information, please speak with our media contacts.

Key Contacts

Partner

Bryan E. Loocke

+1.713.758.3281

bloocke@velaw.com

Related Insights

Insight

Turbulent Times – Key Trends, Challenges and Opportunities in the Oil & Gas Market in 2020 and Beyond

Published in Oil & Gas Council

May 15, 2020
Event Recap

Distressed Debt and Looming Maturities: Liability Management and Restructuring Strategies in the Time of COVID-19

Wednesday, April 22, 2020
Video
Coronavirus: Preparation & Response

NMSLO Holds Hearing on Proposed Emergency Rule Allowing the Temporary Shut-In of Oil and Gas Wells in New Mexico

V&E Energy Update

April 20, 2020
Coronavirus: Preparation & Response

ISS and Glass Lewis Weigh in as Poison Pill Adoptions Surge During COVID-19 Pandemic

Published in CorpGov

April 9, 2020