Thursday, October 28, 2010

Washington County, PA - Marcellus Shale Update

By Andrea:

Recently, Range Resources Corp. (RRC) released an update on the Marcellus Shale, located in Washington County, PA:

Recently, Range completed a trade in which it acquired approximately 42,000 net acres in our core area of southwestern Pennsylvania. The new acreage has longer term and adds more than 500 horizontal drilling locations in Washington County, an area where infrastructure is already in place and Range has had significant drilling success. To facilitate the trade, Range transferred approximately 55,000 net acres, of which 47,000 acres are located in West Virginia and 8,000 acres are located in Bradford and Sullivan counties in northeastern Pennsylvania.

For more shale updates, visit:

For more stock updates, visit: