ECR Profile — Montage Resource Corp
Montage Resource is an independent exploration and production company engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. As of Dec. 31, 2017, Co. had approx. 96,000 net acres in the Utica Shale fairway, which Co. refers to as the Utica Core Area and approx. 15,500 acres in its Marcellus Area. As of Dec 31 2017, Co. had an estimated 1.46 trillion cubic ft. equivalent of net proved natural gas, natural gas liquids and oil reserves, which comprised of 1.09 trillion cubic ft. of natural gas reserves, 41.9 million barrels of NGL reserves, 19.5 million barrels of oil reserves.