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A&D - CNX Resources offers operated Ohio Utica assets for sale - May 2020
Appalachian Basin pure-play CNX Resources is seeking buyers of operated gas assets in northeast Monroe County, Ohio, in the core of the Utica dry gas window. The offering consists of 14,548 net acres with an operated 100% WI (81% NRI), proved reserves of 450 Bcfe and net production in April of 140 MMcf/d from 41 horizontal wells. Estimated full-year 2020 operating cash flow will be $77 million, which is expected to increase to $113......
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