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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