ASCENT RESOURCES UTICA HOLDINGS, LLC REPORTS SECOND QUARTER OPERATING AND FINANCIAL RESULTS AND ANNOUNCES UPDATED 2022 GUIDANCE

Second Quarter Highlights: Averaged net production of 2.0 bcfe per day for the quarter, while exiting June at 2.2 bcfe per day Realized pre-hedge natural gas equivalent price of $7.58 per mcfe, a $0.41 premium to NYMEX pricing Generated Adjusted EBITDAX(1) of $477 million and net cash…

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