Ascent Resources Issues Brief 2018 Update, 2019 Guidance

Yesterday Ascent Resources, a company founded by Aubrey McClendon after he left Chesapeake Energy, issued a (very) brief recap of what happened in 2018, and a look ahead (“guidance”) at what the company expects to accomplish in 2019. The update is brief–cherry-picking highlights to share–because it can be. Ascent’s stock is not publicly traded, so they don’t have to provide full financial updates (except to their investors). Ascent is a big and important driller in the Utica, so *any* information they share is useful and of interest.

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