Range Resources
acquired Great Lakes Energy
Partners, LLC in June 2004 in a deal
worth approximately $290 million. Range previously held a 50% stake
in Great Lakes Energy Partners.
Great Lakes held properties in Pennsylvania, West Virginia,
Michigan, Ohio and New York, with offices in Yatesboro, Pa and
Carlton, Pa, and corporate offices in Hartville, Ohio.
The purchase made
Range
Resources the third largest oil and gas
company in the Appalachian
Basin,
increasing its leaseholds by 664,000 acres, boosting Range's
production by 35 million cubic feet of gas, and giving the company
control of over 5,000 miles of gas-gathering systems.
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