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Resolute Energy Corp (REN.N)

REN.N on New York Stock Exchange

43.34USD
23 May 2017
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Latest Key Developments (Source: Significant Developments)

CP Exploration sells Delaware Basin assets to Resolute Energy for $160 mln
Monday, 15 May 2017 04:30pm EDT 

May 15 (Reuters) - Resolute Energy Corp :CP Exploration sells Delaware Basin assets to Resolute Energy for $160 million.Resolute Energy Corp - Assets include approximately 2,200 net acres in core of Southern Delaware Basin, and approximately 2,400 net, undeveloped acres in Alpine High.  Full Article

Resolute Energy announces pricing of additional senior notes offering
Tuesday, 9 May 2017 05:26pm EDT 

May 9 (Reuters) - Resolute Energy Corp :Resolute Energy Corporation announces pricing of $125 million additional senior notes offering.Resolute Energy - priced offering for $125 million of its 8.50% senior notes due 2020 at initial offering price of 101.625% of principal amount.Resolute Energy says senior notes will be issued under same indenture as $400 million aggregate principal amount of company's 8.50% senior notes due 2020.  Full Article

Resolute Energy reports $125 mln additional senior notes offering
Tuesday, 9 May 2017 07:38am EDT 

May 9 (Reuters) - Resolute Energy Corp ::Resolute Energy Corporation announces $125 million additional senior notes offering.Resolute Energy Corp - launched a private offering for $125 million in aggregate principal amount of its 8.50 pct senior notes due 2020.Resolute Energy - senior notes will be issued under same indenture as $400 million aggregate principal amount of co's 8.50 pct senior notes due 2020.Resolute Energy - intends to use net proceeds to finance previously announced acquisition of certain producing, undeveloped oil, gas properties in delaware basin.Resolute Energy - if Delaware Basin Bronco acquisition is not consummated, co intends to use net proceeds to repay outstanding borrowings under senior credit facility.  Full Article

Resolute Energy reports qtrly earnings per share $0.01
Wednesday, 3 May 2017 06:17pm EDT 

May 3 (Reuters) - Resolute Energy Corp :Resolute Energy Corporation announces results for the quarter ended March 31, 2017.Quarterly earnings per share $0.01.Quarterly revenue $65.2 million.Resolute Energy Corp - production for Q1 of 2017 averaged 19,702 boe per day, an increase of 10,686 boe per day, or 119 percent.  Full Article

Resolute Energy Corp reports details of divestiture for Aneth Field properties
Monday, 17 Apr 2017 05:40pm EDT 

April 17 (Reuters) - Resolute Energy Corp ::Resolute Energy Corporation announces details of the divestiture process for its aneth field properties; borrowing base redetermined at $225 million.Says company anticipates that a virtual data room will be available in coming weeks.Resolute Energy - engaged Petrie Partners, Llc, Barclays Capital Inc. To act as financial advisors for disposition process for its aneth field properties.  Full Article

Resolute Energy says Q4 production of 19,583 BOE per day, up 91 pct
Monday, 13 Mar 2017 05:01pm EDT 

Resolute Energy Corp : Resolute energy corporation announces results for the quarter and full year ended december 31, 2016 . Q4 loss per share $1.23 . Q4 revenue $62.7 million versus i/b/e/s view $71.1 million . Q4 earnings per share view $0.80 -- Thomson Reuters I/B/E/S . Resolute energy corp - 4q16 production of 19,583 boe per day, up 91 percent . Resolute energy corp - "while we are not ready to announce plans and provide guidance for 2018" . Resolute energy corp says exploring divestiture of aneth field . Resolute energy corp - 2016 exit rate production of 20,800 boe per day .Resolute energy-currently expect to keep existing 2 rigs,continue with third rig on newly acquired acreage,potentially add fourth rig to legacy position.  Full Article

Resolute Energy to acquire 4,600 net acres in Reeves County
Friday, 3 Mar 2017 08:45am EST 

Resolute Energy Corp : Resolute Energy Corporation announces $160 million Delaware Basin acquisition . Resolute Energy Corp - acquiring 4,600 net acres in Reeves County . Resolute Energy Corp - increases reeves county holdings by 28% to approximately 21,000 net acres . Resolute Energy- in interim, however, Resolute has entered into a commitment letter for a $100 million bridge financing facility with BMO Capital Markets . Resolute Energy - evaluating optimal financing for transaction, anticipates that ultimate financing may have components of long-term debt and equity . Resolute Energy Corp says expect that transaction will add materially to production beginning in second half of 2017 . Resolute Energy - in interim, Resolute has entered into a commitment letter for a $100 million bridge financing facility with BMO capital markets . Resolute Energy Corp - transaction will have an effective date of May 1, 2017 .Resolute Energy- borrowing availability under credit facility, bridge facility would allow closing of deal without immediate long-term debt or equity issuance.  Full Article

Resolute Energy says Q4 exit rate in excess of 20,800 boe per day
Wednesday, 22 Feb 2017 05:35pm EST 

Resolute Energy Corp : 2016 year-end reserves increase 82% to 60.3 million boe . Resolute energy corporation enters into new credit facility; reports 2016 reserves and production .Q4 exit rate in excess of 20,800 boe per day.  Full Article

Resolute Energy enters into third amended and restated credit agreement
Tuesday, 21 Feb 2017 06:36am EST 

Resolute Energy Corp - : On February 17, 2017, co entered into third amended and restated credit agreement- SEC filing . In connection with entering into revolving credit facility, co repaid all amounts outstanding under agreement dated as of April 15, 2015 . Credit facility specifies amount available for borrowing under facility could be increased/ decreased as result of redeterminations .Revolving credit facility matures in February 2021.  Full Article

Resolute Energy to sell New Mexico oil and gas properties in Lea County for $15 mln
Friday, 20 Jan 2017 04:19pm EST 

Resolute Energy Corp : Resolute Energy Corp - on Jan 17 unit entered into a purchase and sale agreement to sell New Mexico oil and gas properties in Lea County for $15 million . Resolute Energy Corp - under terms of PSA, buyer has deposited an amount equal to 10% of purchase price, or $1.5 million, with Resolute Southwest . Resolute Energy Corp - New Mexico sale will be effective as of October 1, 2016 .Proceeds of sale will be used to reduce amounts outstanding under company's revolving credit facility- SEC filing.  Full Article

More From Around the Web

BRIEF-CP Exploration sells Delaware Basin assets to Resolute Energy for $160 mln

* CP Exploration sells Delaware Basin assets to Resolute Energy for $160 million