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Montage Resources Corporation Announces Exceptional First Quarter 2019 Results Driven by Superior Operational Execution, Updates Full Year 2019 Guidance for Increased Production and Enhanced Cash Marg

May 7, 2019 4:12 PM EDT

IRVING, Texas--(BUSINESS WIRE)--

Montage Resources Corporation (NYSE: MR) (the Company or Montage Resources) today announced its first quarter 2019 financial and operational results along with second quarter 2019 and revised full year 2019 guidance. Financial and operational results for the first quarter 2019 include the impact of the merger with Blue Ridge Mountain Resources, Inc. (Blue Ridge) since the closing of the transaction on February 28, 2019. In addition, the Company will be posting an updated investor presentation to its corporate website.

First Quarter 2019 Highlights:

Average net daily production... More