Ascent Resources’ $1.5 Billion Buying Spree Builds Utica Giant

Transaction Type
Appalachian Basin
Announce Date
Post Date
Close Date
Estimated Price

Purchased a 50% stake in OH Utica JV assets; includes about 39,000 net acres, of which 26,000 net acres are undeveloped, and net production for 2018 forecast to average 14,000 boe/d (70% residue gas).