On March 12, 2019, Centennial Resource Development, Inc. (the Company) issued a press release announcing the commencement by its operating subsidiary, Centennial Resource Production, LLC, of a private offering of $500 million aggregate principal amount of senior unsecured notes due 2027 to eligible purchasers. A copy of the press release is included as Exhibit 99.1 hereto and incorporated herein by reference.

The information furnished to this Item 7.01 shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and will not be incorporated by reference into any filing under the Securities Act, unless specifically identified therein as being incorporated therein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Centennial Resource Development, Inc. Exhibit
EX-99.1 2 exhibit991.htm EXHIBIT 99.1 Exhibit Centennial Resource Development,…
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About Centennial Resource Development, Inc. (NASDAQ:CDEV)

Centennial Resource Development, Inc., formerly Silver Run Acquisition Corporation, is an independent oil and natural gas company. The Company is focused on the development and acquisition of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. The Company’s assets and operations, which are held and conducted through Centennial Resource Production, LLC, are concentrated in the Delaware Basin, a sub-basin of the Permian Basin. The Company has more than 40,000 net acres in the southern Delaware Basin primarily in Reeves County in West Texas. It has developed its acreage primarily in the Wolfcamp zone, and is focused on the Avalon and Bone Spring shales.