Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), emerged from bankruptcy in… Continue reading The post Mgmt Changes at Gulfport – Getting the Montage Band Back Together first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...For years we wrote about Oleg Tolmachev, chief driller at Eclipse Resources. He was the guy who figured out how… Continue reading The post Eclipse Former Top Driller in M-U Becomes Top Driller in Ukraine first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...After a shareholder vote scheduled for next Thursday, Nov. 12, Montage Resources will be no more. The company is selling itself to Southwestern Energy in an all-stock deal worth $857 million (see Stop Press! Southwestern Energy Buying Montage Resources for $857M). Yesterday Montage issued what will be its very last quarterly update. What does the
Read More...Southwestern Energy Company released its third-quarter 2020 update last Friday. The company previously announced it is buying out and merging in Marcellus/Utica driller Montage Resources. During the 3Q conference call, CEO Bill Way said the company expects to close on the deal immediately after Montage Resources shareholders vote on the deal November 12. Also from
Read More...Montage stock performance last 6 mo (click for larger version) Montage Resources, which formed in a merger of Eclipse Resources and Blue Ridge Mountain Resources (formerly Magnum Hunter Resources) in March of this year, issued an operational update on Monday. The update says the company will produce more gas than it previously forecast for the
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