Lime Rock Resources purchases 350,000 acres in Appalachian Basin

Lime Rock Resources purchases 350,000 acres in Appalachian Basin

Thursday, August 1, 2019 by Sara Welch

The buyer has been revealed in Range Resources’s $634 million sale of assets in the Appalachian Basin, according to Oil & Gas 360. Lime Rock Resources made the purchase last week.

Lime Rock Resources, the E&P arm of private equity firm Lime Rock Partners, acquired a non-operated overriding royalty interest in 350,000 net surface acres of the Marcellus Shale.

The transaction represented the company’s first procurement in the Appalachian basin.

Learn more: Oil & Gas 360 > Buyer revealed in Range’s $634 million Appalachian asset sale

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