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

CLE Event

Tenth Annual Hydraulic Fracturing Symposium

October 15, 2020
CLE Credit
V&E⁺

Go OJO! OJO Labs Gets Bigger with an Assist from V&E

October 8, 2020
Event

Women's Energy Network - North Texas Chapter's Leadership Series

Webcast

October 8, 2020 and October 22, 2020
Insight

Introducing the Up-SPAC Structure

V&E SPAC Update

October 7, 2020