Skip to main content
Database
A&D / Deals

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Range Resources Sells CBM Assets For $876 Million

Enervest Ltd. Range Resources Corp
AnnouncedNov 5, 2015
TypeProperty
Announced Date
November 05,2015
Effective Date
November 01,2015
Close Date
January 04,2016
Transaction Type
Property
Enterprise Value (EV)($MM)
865




Snapshot
Asset/Basin:
{"Appalachian Basin"}
TargetZones:
{"Coalbed Methane (C
Net Acres
Require Private Equity Subscription
Location
Region
Northeast

Country
United States

State
Virginia

County
Dickinson ,Buchanan ,Russell ,Wise

Production
Production
Require Private Equity Subscription


Calculated Metrics( EV/Category)
$/ Flowing
Require Private Equity Subscription

$/ Acre
Require Private Equity Subscription

Production ($/Mcfe/d)
Require Private Equity Subscription

Transaction Details:  Require Private Equity Subscription

Closing Announcement - January 4, 2016

Range Resources Corp. announced that it has completed the sale of its Nora assets.

After purchase price adjustments based upon a November 1st effective date, Range received $865 million of sales proceeds. Range will include the Nora operations for the full fourth quarter of 2015. The properties encompass approximately 3,500 operated wells and approximately 460,000 net acres in the Nora/Haysi combined fields located primarily in southwestern Virginia. Third quarter production for the Nora assets was 109 Mmcf per day representing 7.5% of Range's net…


Source : Require Private Equity Subscription

United States Deal Activity In Last 12 Months


Other Northeast Region's Deals


Announced DateBuyerSellerDeal Value($mm)LocationCategory
Jan-24-2020 - - Click here Pennsylvania  E&P
Dec-19-2019 - - Click here Ohio  E&P
Oct-21-2019 - - Click here Pennsylvania  E&P
Jul-19-2019 - - Click here Pennsylvania  E&P
Jul-19-2019 - - Click here Pennsylvania  E&P

Other United States Deals


Announced DateBuyerSellerDeal Value($mm)LocationCategory
Jul-08-2020 - - Click here Virginia  E&P
Sep-18-2019 - - Click here Virginia  Midstream
Oct-11-2018 - - Click here Virginia  E&P
Jun-14-2018 - - Click here Virginia  E&P
Feb-14-2014 - - Click here Virginia  E&P

Price History


Date Deal Headline Price$/acre
Jul-08-2020 Harvest Oil & Gas Selling Entire Appalachian Asset Portfolio -   28
Oct-11-2018 Diversified Gas & Oil Acquires Core Appalachia for $183MM Cash/Stock -   138
Jun-14-2018 Diversified Picks Up Appalachia Assets from EQT for $575MM -   226