CORRECTED-CNX Resources delays some production activities, expects decline in volumes
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(Corrects headline and first paragraph to say the company is delaying some production activities, not curtailing production)
March 12 (Reuters) - U.S. energy firm CNX Resources said on Tuesday it expects lower production volumes in 2024 as it is delaying some well completion activities amid weak natural gas prices.
The company said it expects 2024 production volumes to be between 540 and 560 billions of cubic feet equivalent, a decrease of about 30 Bcfe from the midpoint of the previously stated guidance range. (Reporting by Sourasis Bose in Bengaluru; Editing by Maju Samuel)
