Ascent Resources plc Reports Production Results for the Month of August 2018; Provides Revenue Guidance for the Month of July 2018
September 10, 2018 at 02:02 am EDT
Ascent Resources plc reported production results for the month of August 2018. For the August, the company reported total production for the month of August was 727,851 cubic metres (25,679 MCF) down from 816,490 in July (28,834 MCF). Average daily production in August was 23,456 cubic metres (1.0 MMscfd) down from 26,338 (1.0 MMscfd) in July.
Total revenue to Ascent for July from gas sales is expected to be around 140,000, with an additional 7,000 expected from the sale of condensate.