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Stagnating Natural Gas Production a Boon to Northeast Forward Prices; Structural Drivers Behind Overall Rally

Stagnating Natural Gas Production a Boon to Northeast Forward Prices; Structural Drivers Behind Overall Rally
naturalgasintel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naturalgasintel.com Daily Mail and Mail on Sunday newspapers.

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Ascent Resources Utica Holdings, LLC Reports Second Quarter Operating And Financial Results

Ascent Resources Utica Holdings, LLC Reports Second Quarter Operating And Financial Results
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Ascent Resources Floats $400M in New IOUs to Pay Down Older Debt

Ascent Resources Floats $400M in New IOUs to Pay Down Older Debt
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Ascent Resources Utica Holdings, LLC Announces Pricing Of Upsized $400 Million Offering Of 5.875% Senior Notes Due 2029

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OKLAHOMA CITY, June 9, 2021 /PRNewswire/ Ascent Resources Utica Holdings, LLC (together with its subsidiaries, Ascent ) announced today that it, with its wholly-owned subsidiary, ARU Finance Corporation, has priced an upsized private offering of $400 million in aggregate principal amount of 5.875% senior unsecured notes due 2029 (the 2029 Notes ) at par. Ascent will use the proceeds of the 2029 Notes offering to pay down a portion of the outstanding borrowings under its revolving credit facility. Closing of the 2029 Notes offering is expected to occur on June 14, 2021, subject to customary closing conditions.
The 2029 Notes have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws. The 2029 Notes are being offered and sold only ....

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Oil, Gas, And Fracking News Read 16May 2021

Oil, Gas, And Fracking News Read 16May 2021
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