Range Resources has retained BofA Merrill Lynch to market its Conger properties in the Permian Basin consisting of 70,000 net acres (90,000 gross) that are 91% HBP in Glasscock and Sterling Co., Texas. Current production from the properties is 5,000 boepd (62% liquids). The properties have multiple vertical and horizontal stacked pay drilling opportunities, the company said.Analysts at Tudor Pickering Holt & Co. said the sale signals Range Resources' effective exit from the Permian......
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