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Aug. 10, 2022

ASCENT RESOURCES UTICA HOLDINGS, LLC REPORTS SECOND QUARTER OPERATING AND FINANCIAL RESULTS AND ANNOUNCES UPDATED 2022 GUIDANCE

Oklahoma City, Oklahoma, August 10, 2022 (PR Newswire) – Ascent Resources Utica Holdings, LLC (“Ascent”, "our" or the "Company") today reported its second quarter 2022 operating and financial results and issued updated full-year 2022 guidance. Additionally, Ascent announced a conference call with analysts and investors scheduled for 9 AM CT / 10 AM ET, Thursday, August 11, 2022.

QUARTERLY CONFERENCE CALL INFORMATION - Q2 2022

On Thursday, August 11th at 10:00 a.m. EDT, Ascent Resources Utica Holdings, LLC (“ARUH”) will host an earnings call to discuss Q2 2022 results.

ASCENT RESOURCES, LLC ANNOUNCES CLOSING OF UTICA SHALE BOLT-ON ACQUISITION

Oklahoma City, Oklahoma, August 5, 2022 (PR Newswire) – Ascent Resources, LLC (together with its subsidiaries, "Ascent" or the “Company”) announced today that it has closed on the previously announced bolt-on acquisition with XTO Energy, a subsidiary of ExxonMobil Corporation, in the Utica Shale in Ohio for a total purchase price of $270 million, subject to customary closing purchase price adjustments.

ASCENT RESOURCES, LLC ANNOUNCES UTICA SHALE BOLT-ON ACQUISITION, EXTENSION OF REVOLVING CREDIT FACILITY MATURITY AND BORROWING BASE INCREASE

Oklahoma City, Oklahoma, July 1, 2022 (PR Newswire) – Ascent Resources, LLC (together with its subsidiaries, "Ascent" or the “Company”) announced today that it has entered into a Purchase and Sale Agreement with an undisclosed seller to acquire all of its assets in the Utica Shale in Ohio for a total purchase price of $270 million, subject to customary closing purchase price adjustments.

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