The deal to combine Eclipse Resources Corp., State College, Pa., and Blue Ridge Mountain Resources Inc., Irving, Tex., has closed (OGJ Online, Aug. 27, 2018).
The combine, Montage Resources Corp., creates a large Appalachian energy company with 227,000 net effective undeveloped core acres across its Utica and Marcellus footprint with liquids-rich and dry gas optionality with added “stacked pay” development opportunities.