Range Resources Corp., Fort Worth, Texas, (NYSE: RRC) has sold its Gulf of Mexico properties to an undisclosed private company for $155 million. The assets included Range's interests in 37 platforms on the Gulf Shelf. Net production as of November 2006 was approximately 14.2 million cubic feet of gas equivalent per day. Proved reserves are approximating 40 billion cubic feet equivalent, representing 2% of Range's total proved reserves.
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