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Montage Resources Corporation Announces $45 Million Reduction in 2020 Capital Spending, Reiterates Full Year 2020 Production, and Enacts Strategic Shift in 2020 Production Mix

MR

IRVING, Texas--(BUSINESS WIRE)--Montage Resources Corporation (NYSE:MR) (the “Company” or “Montage Resources”) today has provided updated operational and financial guidance in response to current market conditions.