Montage Resources is well site operator managing 325+ Appalachian region producing horizontal wells on 195,000 + acres Rising Phoenix Royalties announces a 100% natural gas royalty acquisition in the Utica Shale, Monroe County, OH, from an undisclosed seller. This acquisition is RPR's third 2020 Appalachian Basin transaction. "Given the Utica's [...]
Montage Resources today announced its third quarter 2020 operational and financial results. Third Quarter 2020 Highlights: Merger with Southwestern Energy Company expected to close following Montage Resources shareholder vote on November 12, 2020. Average net daily production was 602.6 MMcfe per day, above the high end of the Company’s previously [...]
Montage Resources Corp. is pleased to announce that the Company will release third quarter 2020 financial and operational results after the market close on Thursday, November 5, 2020. The Company will not host a conference call or webcast to discuss its third quarter 2020 results due to the pending merger with Southwestern Energy Company. About [...]
The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. Momenta Pharmaceuticals, Inc. Merger Announcement: August 19, 2020 Transaction Details: Under the terms of the merger, a subsidiary of Johnson [...]
Montage Resources Corp. today announced its second quarter 2020 operational and financial results and updated full year 2020 guidance. In addition, the Company will be posting an updated investor presentation to its corporate website. Second Quarter 2020 Highlights: Average net daily production was 551.7 MMcfe per day, above the midpoint of the [...]
Montage Resources Corp. today announced that it has entered into a non-binding letter of intent with an international third-party to sell its non-core wellhead gathering infrastructure in the Ohio Utica condensate development area. In addition, Montage announced its preliminary second quarter production performance and updated expectations for its [...]
Montage Resources Corp. today announced an increase in its full year and second quarter 2020 production guidance along with an organizational update. Updated Production Guidance: In connection with improving crude oil and NGL commodity prices, the Company began increasing its previously curtailed production during the month of May. As of June 1 [...]
Montage Resources Corp. today announced its first quarter 2020 operational and financial results and updated full year 2020 guidance. In addition, the Company will be posting an updated investor presentation to its corporate website. First Quarter 2020 Highlights: Average net daily production was 610.7 MMcfe per day, 3% above the midpoint of the [...]
Montage Resources Corp. today announced preliminary first quarter 2020 production, an updated hedge portfolio position and first quarter 2020 earnings release schedule. Production and Hedging Updates: Exceeded the Company’s most recent production guidance range of 585-600 MMcfe per day with the preliminary net production for the first quarter 2020 [...]
Montage Resources Corp. today has provided updated operational and financial guidance in response to current market conditions. Updated 2020 Plan Highlights: Revised full year capital spend of between $145 - $165 million, an approximate 23% reduction at the midpoint versus the previously spend of between $190 - $210 million Reaffirms full year [...]
Montage Resources Corp. today is pleased to announce it has entered into a new consolidated gas gathering agreement and has added downside protection to natural gas prices in 2020 and 2021 through incremental hedges recently executed. Gas Gathering Agreement The Company has recently completed the renegotiation of significant existing gas gathering [...]
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