BRIEF-Range Resources to sell Trinidad drilling services unit for $7.2 mln
Dec 30 (Reuters) - Range Resources Ltd
* Forecasts indicate oil production could exceed 3,000 BOPD for Beach Marcelle waterflood project
* Board has determined that drilling business does not fit with strategy of E&P Company and time and resources will be best spent on efficiently running its upstream assets
* Has agreed to sell its drilling services company in Trinidad for $7.2 mln, proceeds will be invested primarily into development of core Trinidad asset Source text for Eikon: Further company coverage:
© Thomson Reuters 2017 All rights reserved.