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  • ASCENT RESOURCES, LLC RELEASES 2018 OPERATIONAL AND FINANCIAL RESULTS AND 2019 GUIDANCE

    OKLAHOMA CITY, March 21, 2019 -- Ascent Resources, LLC (together with itssubsidiaries, "Ascent" or the "Company") today released certain fourth quarter and end of year 2018 operational and financial results and 2019 guidance.

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  • ASCENT RESOURCES UTICA HOLDINGS, LLC ANNOUNCES CLOSING OF $600 MILLION OFFERING OF 7.00% SENIOR NOTES DUE 2026 AND THE PARTIAL REDEMPTION OF ITS OUTSTANDING SENIOR NOTES

    OKLAHOMA CITY, October 11, 2018 -- Ascent Resources Utica Holdings, LLC (together with its subsidiaries, "Ascent") announced today that it, with its wholly-owned subsidiary, ARU Finance Corporation, has closed on a private offering of $600 million in aggregate principal amount of 7.00% senior unsecured notes due 2026 (the "2026 Notes"). Ascent used the proceeds of the 2026 Notes offering to fund the redemption of $525 million of its existing 10.00% senior unsecured notes due 2022 (the "2022 Notes") at a price of 110.00% of the principal amount of 2022 Notes, plus accrued and unpaid interest (the “Redemption”), to fund premiums, fees and expenses related to the Redemption and the issuance of the 2026 Notes, and to pay down borrowings under Ascent's revolving credit facility.

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  • ASCENT RESOURCES UTICA HOLDINGS, LLC ANNOUNCES PRICING OF $600 MILLION OFFERING OF 7.00% SENIOR NOTES DUE 2026

    OKLAHOMA CITY, September 26, 2018 -- Ascent Resources Utica Holdings, LLC (together with its subsidiaries, "Ascent") announced today that it, with its wholly-owned subsidiary, ARU Finance Corporation, has priced a private offering of $600 million in aggregate principal amount of 7.00% senior unsecured notes due 2026 (the "2026 Notes") at an offering price equal to 99.236% of par. Ascent will use the proceeds of the 2026 Notes offering to fund the redemption of $525 million of its existing 10.00% senior unsecured notes due 2022 (the "2022 Notes") at a price of 110.00% of the principal amount of 2022 Notes to be redeemed, plus accrued and unpaid interest (the "Redemption"), to fund any premiums, fees and expenses related to the Redemption and the issuance of the 2026 Notes, and to pay down borrowings under Ascent’s revolving credit facility. Closing of both the 2026 Notes offering and the Redemption is expected to occur on October 11, 2018.

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  • ASCENT RESOURCES, LLC COMPLETES SUCCESSFUL COMMON EQUITY RAISE AND PREVIOUSLY ANNOUNCED UTICA ACQUISITIONS

    OKLAHOMA CITY, August 31, 2018 -- Ascent Resources, LLC (together with its subsidiaries, the "Company" or "Ascent") announced today that it has completed the acquisition of certain natural gas and oil properties from Hess Corporation, CNX Resources and Salt Fork Resources ("Salt Fork"), a previously undisclosed seller.

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