March 23, 2017 / 8:28 PM / in 4 months

BRIEF-Ultra Petroleum announces hedging transactions

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March 23 (Reuters) - Ultra Petroleum Corp

* Ultra Petroleum Corp. announces hedging transactions

* Ultra Petroleum Corp says has entered into new NYMEX natural gas swaps for approximately 119 BCF for months of April 2017 through October 2017

* Ultra Petroleum Corp - Hedges are at an average price of $3.17 per MMBtu, or $3.34 per Mcf

* Ultra Petroleum Corp - Hedged volumes are equivalent to nearly 50% of remaining forecasted production guidance for remainder of year

* Ultra Petroleum Corp - Ultra will continue to evaluate additional hedging transactions Source text for Eikon: Further company coverage:

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