Ohio’s Largest Shale Driller, Ascent Resources, Preps for IPO

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On Monday MDN brought you big news from Bloomberg that Gulfport Energy is in talks with Ascent Resources to merge (see Rumor: Gulfport Energy in Talks to Merge with Ascent Resources). Here it is, the end of the week, and we have a new rumor to share, this one from the more-reliable Reuters news service. Super secret sources tell Reuters that privately-held Ascent, Ohio’s largest natural gas producer and the 8th largest natural gas producer in the U.S., is getting ready to go public with an initial public offering (IPO).

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