Montage Resources Corporation Reports Production Results for the Fourth Quarter and Full Year Ended December 31, 2019; Provides Production Guidance for the First Quarter and Full Year of 2020
For the full year, production of Natural gas was 154,137.5 MMcf against 89,965.7 MMcf a year ago. NGLs was 4,686.3 Mbbls against 3,503.1 Mbbls a year ago. Oil was 2,950.8 Mbbls against 2,378.0 Mbbls a year ago.
For the first quarter of 2020, the company expects production of 585 MMcfe/d 600 MMcfe/d.
For the full year of 2020, the company expects production of 570 MMcfe/d 590 MMcfe/d.