NSE 0.00% 0.4¢ new standard energy limited

37,000km2 of goldwyer shale, page-10

  1. 15,824 Posts.
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    looks like the bench mark has now been set

    " 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. "


    http://www.americanchronicle.com/articles/yb/143775152


 
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