CNX Resources subsidiary agrees to sell Appalachian basin oil & gas assets for $125M

CNX Resources Corp

Definitive PSA to sell non-operated producing assets; cash proceeds ~$125M, effective date April 1, 2023.
Transaction expected to close in Q2 2023; reduces 2023 net production by 9 Bcfe.
Proceeds to be used consistent with ongoing capital allocation strategy; buyer not named in filing.

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