" Range Resources Corp.'s holdings in the Marcellus Shale natural gas formation are worth four times the $14,000-an-acre price that other sales have brought, CEO John Pinkerton said Tuesday.
Fort Worth-based Range would need a "Godfather" offer it couldn't refuse to sell a stake in some of the 1.3 million acres it has leased in the Northeast deposit, Pinkerton told investors at a New York conference sponsored by the Independent Petroleum Association of America. "
