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-0.000575953923686195 0.00143988480921518 -0.00532757379409654 -0.00705543556515471 -0.00705543556515471 -0.0266378689704823 -0.0390208783297335 -0.0452123830093593
Stock impact report

San Jacinto Minerals Announces Marcellus Shale Divestiture [Yahoo! Finance]

Range Resources Corporation (RRC) 
Last range resources corporation earnings: 4/30 05:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.rangeresources.com
Company Research Source: Yahoo! Finance
At year-end, the assets were producing over 21 million cubic equivalent per day net of mostly dry natural gas. The assets are 95% operated by EQT, Range Resources, and CNX Resources. The assets sold represent 50% of the total position in the San Jacinto Minerals I entity consolidated by the San Jacinto team since its inception in 2015. San Jacinto sold the other 50% to WhiteHawk in two prior transactions in 2022 and 2023 for a total of $110 million Lime Rock Partners is the primary investor in San Jacinto Minerals, which is led by Nick Reiland and Jeff Scott . The Lime Rock Partners and San Jacinto teams have partnered in four sequential San Jacinto Minerals entities. With this sale, the first entity has sold all of its assets. Jeffrey Scofield , a Managing Director of Lime Rock Partners, said, "In 2015, we launched our minerals strategy with Jeff, Nick, and the San Jacinto team. Between San Jacinto, CrownRock Minerals, and other entities, we have deployed over half of our total Show less Read more
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