Psi net liquidating llc

impairment of natural gas and oil properties during this period last year.

The increase in operating income was primarily due to the absence of impairments and restructuring charges and higher realized natural gas and liquids pricing, partially offset by higher operating costs.

For example, in Tioga County, the Company placed a four-well pad to sales with an average lateral length of approximately 7,500 feet and combined maximum rate of over 80 MMcf per day, flowing against 1,200 psi of line pressure.

Additionally, the Company placed its first three-well pad to sales in the Susquehanna County acreage acquired in 2015 with an average lateral length of over 10,000 feet and combined maximum rate of over 62 MMcf per day.

The Company set two drilling records in the third quarter.

The first was on the John Hupp 3H in , which was drilled to a total depth of 13,927 feet in less than 10 days from rig release to rig release.

Midstream Segment – Operating income for the segment, comprised of gathering and marketing activities, was in restructuring charges.

The 17 Marcellus wells had an average lateral length of 6,958 feet and an average cost of pad to sales in July with an average completed lateral length of 6,576 feet.

, President and Chief Executive Officer of Southwestern Energy.

"Through technological advancements, strategic negotiation of transportation, processing and gathering agreements, and improving our debt maturity schedule, we are driving material shareholder value and positioning ourselves for additional value creation in 2018 and beyond." Includes the impact of transportation costs and

The 17 Marcellus wells had an average lateral length of 6,958 feet and an average cost of pad to sales in July with an average completed lateral length of 6,576 feet.

, President and Chief Executive Officer of Southwestern Energy.

"Through technological advancements, strategic negotiation of transportation, processing and gathering agreements, and improving our debt maturity schedule, we are driving material shareholder value and positioning ourselves for additional value creation in 2018 and beyond." Includes the impact of transportation costs and

The 17 Marcellus wells had an average lateral length of 6,958 feet and an average cost of pad to sales in July with an average completed lateral length of 6,576 feet., President and Chief Executive Officer of Southwestern Energy."Through technological advancements, strategic negotiation of transportation, processing and gathering agreements, and improving our debt maturity schedule, we are driving material shareholder value and positioning ourselves for additional value creation in 2018 and beyond." Includes the impact of transportation costs and [[

The 17 Marcellus wells had an average lateral length of 6,958 feet and an average cost of pad to sales in July with an average completed lateral length of 6,576 feet.

, President and Chief Executive Officer of Southwestern Energy.

"Through technological advancements, strategic negotiation of transportation, processing and gathering agreements, and improving our debt maturity schedule, we are driving material shareholder value and positioning ourselves for additional value creation in 2018 and beyond." Includes the impact of transportation costs and $0.02 per Bbl of realized hedge gains for the three and nine months ended September 30, 2017 and $0.01 per Bbl of realized hedge gains for the three months ended September 30, 2016.

The Company plans to test two additional wells in the fourth quarter to further test the aerial extent of its ("GAAP").

However, management believes certain non-GAAP performance measures may provide financial statement users with additional meaningful comparisons between current results, the results of its peers and of prior periods.

||

The 17 Marcellus wells had an average lateral length of 6,958 feet and an average cost of pad to sales in July with an average completed lateral length of 6,576 feet., President and Chief Executive Officer of Southwestern Energy."Through technological advancements, strategic negotiation of transportation, processing and gathering agreements, and improving our debt maturity schedule, we are driving material shareholder value and positioning ourselves for additional value creation in 2018 and beyond." Includes the impact of transportation costs and $0.02 per Bbl of realized hedge gains for the three and nine months ended September 30, 2017 and $0.01 per Bbl of realized hedge gains for the three months ended September 30, 2016.The Company plans to test two additional wells in the fourth quarter to further test the aerial extent of its ("GAAP").However, management believes certain non-GAAP performance measures may provide financial statement users with additional meaningful comparisons between current results, the results of its peers and of prior periods.

]].02 per Bbl of realized hedge gains for the three and nine months ended September 30, 2017 and [[

The 17 Marcellus wells had an average lateral length of 6,958 feet and an average cost of pad to sales in July with an average completed lateral length of 6,576 feet.

, President and Chief Executive Officer of Southwestern Energy.

"Through technological advancements, strategic negotiation of transportation, processing and gathering agreements, and improving our debt maturity schedule, we are driving material shareholder value and positioning ourselves for additional value creation in 2018 and beyond." Includes the impact of transportation costs and $0.02 per Bbl of realized hedge gains for the three and nine months ended September 30, 2017 and $0.01 per Bbl of realized hedge gains for the three months ended September 30, 2016.

The Company plans to test two additional wells in the fourth quarter to further test the aerial extent of its ("GAAP").

However, management believes certain non-GAAP performance measures may provide financial statement users with additional meaningful comparisons between current results, the results of its peers and of prior periods.

||

The 17 Marcellus wells had an average lateral length of 6,958 feet and an average cost of pad to sales in July with an average completed lateral length of 6,576 feet., President and Chief Executive Officer of Southwestern Energy."Through technological advancements, strategic negotiation of transportation, processing and gathering agreements, and improving our debt maturity schedule, we are driving material shareholder value and positioning ourselves for additional value creation in 2018 and beyond." Includes the impact of transportation costs and $0.02 per Bbl of realized hedge gains for the three and nine months ended September 30, 2017 and $0.01 per Bbl of realized hedge gains for the three months ended September 30, 2016.The Company plans to test two additional wells in the fourth quarter to further test the aerial extent of its ("GAAP").However, management believes certain non-GAAP performance measures may provide financial statement users with additional meaningful comparisons between current results, the results of its peers and of prior periods.

]].01 per Bbl of realized hedge gains for the three months ended September 30, 2016.The Company plans to test two additional wells in the fourth quarter to further test the aerial extent of its ("GAAP").However, management believes certain non-GAAP performance measures may provide financial statement users with additional meaningful comparisons between current results, the results of its peers and of prior periods.

.02 per Bbl of realized hedge gains for the three and nine months ended September 30, 2017 and [[

The 17 Marcellus wells had an average lateral length of 6,958 feet and an average cost of pad to sales in July with an average completed lateral length of 6,576 feet.

, President and Chief Executive Officer of Southwestern Energy.

"Through technological advancements, strategic negotiation of transportation, processing and gathering agreements, and improving our debt maturity schedule, we are driving material shareholder value and positioning ourselves for additional value creation in 2018 and beyond." Includes the impact of transportation costs and $0.02 per Bbl of realized hedge gains for the three and nine months ended September 30, 2017 and $0.01 per Bbl of realized hedge gains for the three months ended September 30, 2016.

The Company plans to test two additional wells in the fourth quarter to further test the aerial extent of its ("GAAP").

However, management believes certain non-GAAP performance measures may provide financial statement users with additional meaningful comparisons between current results, the results of its peers and of prior periods.

||

The 17 Marcellus wells had an average lateral length of 6,958 feet and an average cost of pad to sales in July with an average completed lateral length of 6,576 feet., President and Chief Executive Officer of Southwestern Energy."Through technological advancements, strategic negotiation of transportation, processing and gathering agreements, and improving our debt maturity schedule, we are driving material shareholder value and positioning ourselves for additional value creation in 2018 and beyond." Includes the impact of transportation costs and $0.02 per Bbl of realized hedge gains for the three and nine months ended September 30, 2017 and $0.01 per Bbl of realized hedge gains for the three months ended September 30, 2016.The Company plans to test two additional wells in the fourth quarter to further test the aerial extent of its ("GAAP").However, management believes certain non-GAAP performance measures may provide financial statement users with additional meaningful comparisons between current results, the results of its peers and of prior periods.

]].01 per Bbl of realized hedge gains for the three months ended September 30, 2016.

The Company plans to test two additional wells in the fourth quarter to further test the aerial extent of its ("GAAP").

However, management believes certain non-GAAP performance measures may provide financial statement users with additional meaningful comparisons between current results, the results of its peers and of prior periods.

.02 per Bbl of realized hedge gains for the three and nine months ended September 30, 2017 and [[

The 17 Marcellus wells had an average lateral length of 6,958 feet and an average cost of pad to sales in July with an average completed lateral length of 6,576 feet.

, President and Chief Executive Officer of Southwestern Energy.

"Through technological advancements, strategic negotiation of transportation, processing and gathering agreements, and improving our debt maturity schedule, we are driving material shareholder value and positioning ourselves for additional value creation in 2018 and beyond." Includes the impact of transportation costs and $0.02 per Bbl of realized hedge gains for the three and nine months ended September 30, 2017 and $0.01 per Bbl of realized hedge gains for the three months ended September 30, 2016.

The Company plans to test two additional wells in the fourth quarter to further test the aerial extent of its ("GAAP").

However, management believes certain non-GAAP performance measures may provide financial statement users with additional meaningful comparisons between current results, the results of its peers and of prior periods.

||

The 17 Marcellus wells had an average lateral length of 6,958 feet and an average cost of pad to sales in July with an average completed lateral length of 6,576 feet., President and Chief Executive Officer of Southwestern Energy."Through technological advancements, strategic negotiation of transportation, processing and gathering agreements, and improving our debt maturity schedule, we are driving material shareholder value and positioning ourselves for additional value creation in 2018 and beyond." Includes the impact of transportation costs and $0.02 per Bbl of realized hedge gains for the three and nine months ended September 30, 2017 and $0.01 per Bbl of realized hedge gains for the three months ended September 30, 2016.The Company plans to test two additional wells in the fourth quarter to further test the aerial extent of its ("GAAP").However, management believes certain non-GAAP performance measures may provide financial statement users with additional meaningful comparisons between current results, the results of its peers and of prior periods.

]].01 per Bbl of realized hedge gains for the three months ended September 30, 2016.

The Company plans to test two additional wells in the fourth quarter to further test the aerial extent of its ("GAAP").

However, management believes certain non-GAAP performance measures may provide financial statement users with additional meaningful comparisons between current results, the results of its peers and of prior periods.

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