EP ENERGY CORPORATION (NYSE:EPE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 9, 2017, Michael S. Helfer advised EP Energy Corporation (the “Company”) of his intent to retire from the Company’s Board of Directors (the “Board”) effective as of May 9, 2017, the day after the Company’s 2017 Annual Meeting of Stockholders. Mr. Helfer informed the Company that he is retiring from the Board at age 71 to devote more time to travel, writing and philanthropic endeavors and that he is fully supportive of the Company, the Board and its management team. Mr. Helfer also confirmed that his decision to retire did not result from a disagreement with the Company on any matter relating to the Company’s operations, policies or practices, including its control or financial related matters.
About EP ENERGY CORPORATION (NYSE:EPE)
EP Energy Corporation (EP Energy) is an independent exploration and production company. The Company is engaged in the acquisition and development of unconventional onshore oil and natural gas properties in the United States. The Company operates through a diverse base of producing assets and are focused on creating value through the development of its drilling inventory located in four areas: the Eagle Ford Shale (South Texas), the Wolfcamp Shale (Permian Basin in West Texas), the Altamont Field in the Uinta Basin (Northeastern Utah) and the Haynesville Shale (North Louisiana). In its operating areas, it has identified approximately 5,710 drilling locations (including over 860 drilling locations to which it has attributed proved undeveloped reserves). The Company has proved reserves of approximately 546.0 million barrels of oil equivalent (MMBoe) and it has an average net daily production of over 109,680 barrel of oil equivalent per day (Boe/d). EP ENERGY CORPORATION (NYSE:EPE) Recent Trading Information
EP ENERGY CORPORATION (NYSE:EPE) closed its last trading session up +0.18 at 4.33 with 1,268,463 shares trading hands.