Range Resources disclosed a relatively small acquisition - a $30 million purchase of Barnett acreage. CEO John Pinkerton said it was interesting because the acreage is not too far to the NE of its Carter Industrial Park, where some of the best original Barnett wells were drilled. Pinkerton said initial rates were as much as ~12 MMCFD. This deal added between 2,000 and 3,000 acres and has a couple of producing wells, essentially marginal.......
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