Tag: financial debt
Resolute Energy selling Gardendale assets in Midland Basin
“We believe these transactions have positioned the Company to accelerate development of the attractive opportunities in our property base.” DENVER – Resolute Energy Corporation says it has entered into a definitive agreement to sell its Gardendale assets in the Midland Basin of West Texas to an undisclosed buyer for a purchase price of $177.5 million. […]
WPX Energy completes sale of Van Hook gathering system to reduce debt load
“We are fully engaged in debt reduction efforts” – Rick Muncrief, WPX Energy CEO TULSA, Okla .- WPX Energy announced today that it has completed the sale of a North Dakota gathering system for approximately $185 million to a private equity fund managed by the Ares EIF Group, a subsidiary of Ares Management, L.P. The sale […]
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