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One-Page Deal Sheet

Legend Natural Gas IV, LP Closes on $900 Million Barnett Shale Acquisition

Not Disclosed Range Resources Corp
AnnouncedMay 2, 2011
TypeProperty
LocationBarnett Shale
Announced Date
May 02,2011
Effective Date
February 01,2011
Close Date
April 30,2011
Transaction Type
Property
Enterprise Value (EV)($MM)
900




Snapshot
Asset/Basin:
{"Barnett Shale","Fort Worth Basin"}
TargetZones:
{"Barnett Shale"}
Net Acres
Location
Country
United States

State
Texas

Play


Production
Production


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

Production ($/Mcfe/d)

Transaction Details:  Subscribe to see

The Legend Natural Gas partnerships (composed of Legend Natural Gas II, LP, Legend Natural Gas III, LP and Legend Natural Gas IV, LP, collectively referred to as "Legend"), along with their equity sponsor Riverstone Holdings LLC ("Riverstone"), today announced the execution of several transactions which will significantly increase reserves and production, improve operational and administrative efficiencies and position Legend for future growth.

The Barnett assets acquired from Range include 390 producing wells and approximately 52,000 net acres, 80% of which are located in the prolific core…




Price History



Date Deal Headline Price$/acre
Aug-12-2025 BKV Acquires More Barnett Shale Assets - -
May-19-2022 Exxon to Sell Barnett Shale Portfolio to BKV for $750 Million - -
Dec-18-2019 Devon Sells Barnett Shale Assets to Kalnin for $830 Million - -