Ascent Resources, LLC announced that it has completed the previously announced acquisition of natural gas and oil leasehold interests, fee minerals and related assets from Utica Minerals Development, LLC for a total purchase price of approximately $477 million, consisting of approximately $238 million of cash proceeds from a recently completed equity raise and approximately $238 million in common equity of the Company.

Contact:

Anne Pearson

Dennard Lascar Investor Relations

210-408-6321

[email protected]


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