Montage Resources Corporation Announces Production Results for Third Quarter and Nine Months Ended September 30, 2019; Provides Production Guidance for the Full Year 2019
For the nine months, production of Natural gas was 109,613.9 MMcf against 63,308.4 MMcf a year ago. NGLs was 3,414.9 Mbbls against 2,492.6 Mbbls a year ago. Oil was 2,083.3 Mbbls against 1,629.4 Mbbls a year ago.
The company announced the full year production guidance for the full year 201. For the year, the company expects the total production of 545 MMcfe/d - 552 MMcfe/d. Gas of 74% - 78 %. NGL of 12%- 15%. Oil of 9%-11%.