Forecast - Production | Capital Markets | Capital Expenditure | Capital Expenditure - 2019
Montage Resources IDs 2019 Capex After Sealing Blue Ridge Deal
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Montage Resources Corp., formerly Eclipse Resources, has detailed its initial 2019 financial and operating guidance.
2019 Plans- 2019 Capex: $375-400 million
- 2019 Production: 500-525 MMcfe/d (up +16% from 2018)
Note that Montage acquired 133 Mmcfe/d in production via the acqusition of Blue Ridge- Rigs: Montage did not disclose its planned rig count for 2019, however according to the Shale Experts Rigs Database, Eclipse currently has 2 rigs running (unchanged since Q2 2017) and Blue Ridge was running one as of Q3 2018.
No well plans have been disclosed.
2019 Production and Capital Budget Guidance
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