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Alpha Natural Resources, inc. c Message Board

  • bird4nobama bird4nobama Jul 14, 2014 4:19 PM Flag

    Rice just bought 22,000 acres in Green Co

    And according to write up may seek equity finance

    So maybe ANR offered up RICE shares to increase size

    says Rice now has 22,000 acres of 32,000 they committed to purchase

    Maybe they can buy 10,000 more from ANR

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    • Still have not seen where ANR sold Rice stock. Rice bought the 22,000 acres last week as I reported on this board. The land was not from ANR. It is interesting that most of ANR`s NG property is in Greene county . RICE bought 22,000 acres also in Greene county not Green county. Greene is a sweet spot with oil and NG . The 7500 acres they got from ANR was also in Greene county ,Penn.

      Hang in there bird. This ANR ship will right itself soon. Ben believes we will hear about the new JV in the CC at earnings.

      • 1 Reply to benstevens75
      • Just returned home from Greene Co. Where I lived the first 20 years of my life. Coal mines, gas wells and sheep in abundance. Can't drive too many miles without seeing a Rice Energy billboard for buying and leasing land. Fracking has given a new life to a poor county(not all of it good), but people are working and making a decent wage.

        Sentiment: Hold

0.26060.0000(0.00%)Jul 14 3:48 PMEDT