Range Resources is buying fellow oil and gas producer Memorial Resource Development for $3.3 billion plus $1.1 billion of debt, expanding operations in the Appalachian Basin and U.S. Gulf Coast regions. Range will absorb the smaller Houston, Texas-based driller, adding its Louisiana operations to existing acreage and wells across Pennsylvania, Texas and Oklahoma. “This acquisition Continue reading The post Range Resources Buy Memorial Resource Development appeared first on Shale Directories.
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