oil & gas assets
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ES - Montage Resources Highlights - June 23, 2020



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Following an increase in oil and NGL prices, Montage Resources has returned substantially all of its curtailed production to sales as of June 1. The company had shut in low-margin production in liquids-rich areas in April, but it increased its condensate output in May as prices improved. With all volumes back online sooner than expected, Montage increased full-year 2020 production guidance to 565-585 MMcfe/d, up 2% at midpoint from prior guidance of 555-575......
 
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