Tag: liquidity
Hedge funds find plenty of willing sellers in oil: Kemp
Critical question is whether liquidity will remain high in the months ahead or evaporate By John Kemp (Reuters) – For every buyer of futures and options there must be a seller. For every long position there must be a corresponding short position. Hedge funds and other money managers have purchased a record number of futures and options contracts linked […]
Range Resources closes sale of Marcellus shale asset
Range Resources sold working interest of 23% covering 10,900 net acres with net production of 22 Mmcf per day FORT WORTH, TX – Troubled oil and gas producer Range Resources Corporation today announced that it has completed the sale of its Bradford County, Pennsylvania non-operated assets. After purchase price adjustments based upon a Jan. 1st effective date, […]
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