CNX Closes on Sale of Ohio Utica Joint Venture Assets for $400M

9/3/18

CNX Resources Corporation (NYSE: CNX) announced that it has closed on its previously announced agreement to sell substantially all its Ohio Utica Joint Venture Assets for approximately $400 million. This purchase price is subject to customary adjustments.

About CNX Resources

CNX Resources Corporation (NYSE: CNX) is one of the largest independent natural gas exploration, development and production companies, with operations centered in the major shale formations of the Appalachian basin. The company deploys an organic growth strategy focused on responsibly developing its resource base. As of December 31, 2017, CNX had 7.6 trillion cubic feet equivalent of proved natural gas reserves. The company is a member of the Standard & Poor's Midcap 400 Index. Additional information may be found at www.cnx.com.

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