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Range Resources Acquires Austin Chalk Property

Range Resources Corp Not Disclosed
AnnouncedFeb 1, 2007
TypeProperty
LocationAustin Chalk
Announced Date
February 01,2007
Close Date
February 01,2007
Transaction Type
Property
Enterprise Value (EV)($MM)
82




Snapshot
Asset/Basin:
{"Austin Chalk"}
TargetZones:
{"Austin Chalk"}
Net Acres
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Location
Region
Gulf Coast - South Texas

Country
United States

State
Texas

Play
Austin Chalk



Calculated Metrics( EV/Category)
$/ Acre
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Transaction Details:  Subscribe to see

RANGE RESOURCES CORPORATION announced today that it had completed the sale of its Austin Chalk properties located in central Texas to a private company for $82 million. The properties were originally acquired in mid-2006 as part of the Stroud purchase. Upon closing the Stroud acquisition, Range designated the properties as "properties held for sale." As a result, the production and associated operations were excluded from Range's income from continuing operations. In addition, the production and reserves associated with the properties are excluded from Range's historical production results…


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Gulf Coast - South Texas Deal Activity In Last 12 Months


Other Gulf Coast - South Texas Region's Deals


Announced DateBuyerSellerDeal Value($mm)LocationCategory
Feb-18-2026 - - Click here Texas  E&P
Jan-08-2026 - - Click here Texas  E&P
Dec-05-2024 - - Click here Texas  E&P
May-16-2024 - - Click here Texas  E&P
Nov-03-2022 - - Click here Texas  E&P

Price History


Date Deal Headline Price$/acre
Nov-19-2018 Lonestar Picks Up Eagle Ford Property from Sabine, Alerion - -
Oct-30-2018 Chesapeake to Acquire Wildhorse Resources for $3.98 Billion - -
Sep-20-2018 WildHorse Bulks Up in the Eagle Ford / Austin Chalk; Acquires Properties - -