Range Resources

[dan_s]

BROOMFIELD, CO–(Marketwired – May 23, 2016) – Kalnin Ventures LLC today announced it has closed the purchase of a 29.4 percent stake from Range Resources – Appalachia, LLC in the Chaffee Corners Joint Exploration Agreement, an operation in the Marcellus shale of Pennsylvania, on behalf of its investor Banpu Pcl. The deal represents the first time a Thailand-based company has taken an interest in the U.S. shale gas industry.
Banpu Pcl is a Thailand-based coal mining and power-generation company with total assets of around $6.6 billion


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