Tag: Resolute Energy
Resolute Energy acquires 3,293 net acres in Delaware Basin for $135 million
Acquisition price is $135 million, $90 million in cash and issuance to Firewheel of 2,114,523 Resolute shares($45 million) DENVER, CO – Resolute Energy Corporation reported it has entered into a definitive agreement with Firewheel Energy, LLC, a portfolio company of EnCap Investments, to acquire certain oil and gas properties located in Reeves County, Texas, for […]
Resolute Energy sells Permian Basin mid-stream assets, ready for Delaware Basin expansion
Sale proceeds will be used to reduce debt, fund development in Delaware Basin Denver-based Resolute Energy has sold gas gathering and water handling systems in Reeves County, Texas to an undisclosed Permian Basin midstream company for up to $110 million. The projects are currently operated by Resolute in its Appaloosa and Mustang project areas, the company said in […]
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. […]
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