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Resolute Energy Corp (REN.N)

REN.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Resolute Energy Corporation Announces Pricing Of $75 Mln Additional Senior Notes Offering
Friday, 6 Apr 2018 

April 6 (Reuters) - Resolute Energy Corp ::ORATION ANNOUNCES PRICING OF $75 MILLION ADDITIONAL SENIOR NOTES OFFERING.PRICED A PRIVATE OFFERING FOR $75 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF ITS 8.50% SENIOR NOTES DUE 2020.  Full Article

Monarch Files Preliminary Proxy Statement To Elect Nominees To Resolute Energy Board
Monday, 12 Mar 2018 

March 12 (Reuters) - Monarch Energy Holdings::MONARCH FILES PRELIMINARY PROXY STATEMENT TO ELECT SLATE OF NOMINEES TO THE BOARD OF RESOLUTE ENERGY CORPORATION.‍SAYS TOGETHER WITH OTHER PARTICIPANTS ARE BENEFICIAL OWNERS OF ABOUT 9.75% OF OUTSTANDING SHARES OF RESOLUTE ENERGY.SAYS REMAINS "OPEN" TO ENGAGING IN FURTHER DISCUSSIONS TOWARD A CONSENSUAL AGREEMENT WITH ​RESOLUTE ENERGY.SAYS NOMINATED PATRICK BARTELS, JOSEPH CITARRELLA, SAMUEL LANGFORD AS DIRECTOR CANDIDATES TO RESOLUTE ENERGY BOARD ​.  Full Article

Monarch Alternative Capital Reports 9.21 Pct Stake In Resolute Energy Corp As On Jan 24 - SEC Filing
Friday, 26 Jan 2018 

Jan 26 (Reuters) - Resolute Energy Corp ::MONARCH ALTERNATIVE CAPITAL LP REPORTS 9.21 PERCENT STAKE IN RESOLUTE ENERGY CORP AS ON JANUARY 24 - SEC FILING.MONARCH ALTERNATIVE CAPITAL LP SAYS ON JAN 24, 2018, REPRESENTATIVES OF MAC SENT A LETTER TO RESOLUTE ENERGY’S CEO AND BOARD.MONARCH ALTERNATIVE CAPITAL - PROPOSED IN LETTER THAT RESOLUTE ENERGY TO INCREASE STOCKHOLDER REPRESENTATION ON BOARD BY APPOINTING TWO DESIGNATED BY MAC.MONARCH ALTERNATIVE CAPITAL-IN LETTER, PROPOSED RESOLUTE ENERGY TO ENGAGE FINANCIAL ADVISOR TO ASSIST IN EVALUATING,EXECUTING POTENTIAL STRATEGIC TRANSACTIONS.  Full Article

Resolute Energy Corp announces withdrawal of proposed senior notes offering
Tuesday, 14 Nov 2017 

Nov 13 (Reuters) - Resolute Energy Corp ::Resolute Energy Corporation announces withdrawal of proposed senior notes offering.Says has decided not to proceed with previously announced offering of $550 million of senior notes.  Full Article

Resolute Energy Corp announces $550 million senior notes offering
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Resolute Energy Corp ::Announces $550 million senior notes offering.Launched an offering for $550 million of senior notes due 2025​.Intends to use net proceeds from 2025 senior notes, with cash on hand, to redeem all of outstanding 8.50 percent senior notes due 2020​.  Full Article

Resolute Energy Corp reports Q3 loss per share $0.71
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - Resolute Energy Corp ::Resolute Energy Corporation announces results for the quarter ended September 30, 2017.Q3 loss per share $0.71.Quarterly revenue $81.6 million.Q3 earnings per share view $0.36 -- Thomson Reuters I/B/E/S.Quarterly adjusted non-GAAP earnings per share $0.15.Resolute Energy Corp - ‍3Q 2017 production was 28.6 thousand barrels of oil equivalent per day, up 78 percent over prior year quarter​.Resolute Energy - sees FY production to be between 24,500 to 25,500 boe per day including FY impact of aneth field sale of about 1,000 boe per day​.  Full Article

Resolute Energy announces $135 mln Delaware basin acquisition
Wednesday, 5 Oct 2016 

Resolute Energy Corp : Following closing of acquisition, resolute will receive 100% of all payments from caprock under earn-out agreement. . Deal consists of $90 million payable in cash and issuance to firewheel of 2.1 million shares of co's common stock, equal to $45 million . For Q3 of 2016 estimate that delaware basin properties produced on average between 9,250 and 9,650 boe per day . Expect to recognize $15 million to $16 million of expense in Q3 of 2016 for stock awards . Entered into a definitive agreement with firewheel energy, LLC . Resolute energy corporation announces $135 million delaware basin acquisition . Expect to finance cash portion of acquisition price with net proceeds of a private offering of a newly created class of preferred stock . Estimate total company production for Q3 of 2016 to be between 16,000 and 16,500 boe per day .Expect production for full year 2016 to be between 13,600 and 14,000 boe per day, before accounting for acquisition.  Full Article

Resolute Energy Corp says CEO Nicholas Sutton to retire
Thursday, 25 Aug 2016 

Resolute Energy Corporation : Resolute Energy Corporation ceo nicholas j. Sutton to retire as CEO; will remain as executive chairman; richard f. Betz named successor ceo effective january 1, 2017 .Resolute energy corp says sutton will continue his service to resolute indefinitely in capacity of executive chairman of company's board of directors.  Full Article

Resolute Energy qtrly loss per share $2.44
Tuesday, 9 Aug 2016 

Resolute Energy Corp : Says now expects full year 2016 production to be between 11,600 and 13,400 boe per day . Resolute energy corporation announces results for the quarter ended june 30, 2016 . Expect 2016 production will be 11,600 to 13,400 boe/day, compared to initial guidance of 10,200 to 11,900 boe/day . Expect that total lease operating expenses for 2016 will be between $60 and $70 million . Production for quarter ended june 30, 2016, decreased twelve percent to 1,080 mboe . Qtrly total revenue $35.4 million versus $48.4 million; qtrly loss per share $2.44 .Q2 earnings per share view $-0.03, revenue view $51.6 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Resolute Energy Corp Announces Exchange Offer

* RESOLUTE ENERGY CORP - COMMENCED A REGISTERED EXCHANGE OFFER TO EXCHANGE UP TO $75 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 8.50% SENIOR NOTES DUE 2020 Source text for Eikon: Further company coverage: