Snapshot: EMG’s and First Reserve’s Ascent Resources could sell for $3.5bn, WSJ reports


[Context: On October 18, the Wall Street Journal reported that Ascent Resources , backed by The Energy & Minerals Group  and First Reserve, is in the process of speaking to bankers for a potential IPO or sale. The report stated that Ascent’s PE sponsors were seeking a valuation of of more than $3.5bn. Below are further details, including 1H17 consolidated financial statements, production figures and related links are below.]

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