Resolute Energy Corporation (NYSE:REN) Files An 8-K Completion of Acquisition or Disposition of AssetsItem 2.01 Completion of Acquisition or Disposition of Assets.
On November 7, 2017, Resolute Energy Corporation, a Delaware corporation (“Resolute”) filed a Current Report on Form 8-K dated November 7, 2017 reporting that on November 6, 2017 Resolute and certain of its wholly-owned subsidiaries (together, the “Sellers”) closed on a sale to a Membership Interest and Asset Purchase Agreement to which Sellers agreed to sell their respective equity interests in Resolute Aneth, LLC, the entity which holds all of Resolute’s interest in Aneth Field, and certain other assets associated with Aneth Field operations, to an affiliate of Elk Petroleum Limited (ASX: ELK) (the “Aneth Disposition”).
Item 9.01Financial Statements and Exhibits.
(b)Pro forma financial information.
The following unaudited pro forma consolidated financial statements giving effect to the Aneth Disposition described in Item 2.01 above are attached hereto as Exhibit 99.1 and incorporated herein by reference:
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unaudited pro forma consolidated balance sheet as of September 30, 2017; |
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unaudited pro forma consolidated statement of operations for the nine months ended September 30, 2017; and |
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unaudited pro forma consolidated statement of operations for the year ended December 31, 2016. |
(d)Exhibits.
Resolute Energy Corp ExhibitEX-99.1 2 ren-ex991_6.htm EX-99.1 ren-ex991_6.htm Exhibit 99.1 INDEX TO PRO FORMA CONSOLIDATED FINANCIAL STATEMENTS Pro Forma Consolidated Balance Sheet as of September 30,…To view the full exhibit click here
About Resolute Energy Corporation (NYSE:REN)
Resolute Energy Corporation is an independent oil and gas company. The Company is engaged in the exploitation, development, exploration for and acquisition of oil and gas properties. Its properties are Aneth Field located in the Paradox Basin in southeast Utah (the Aneth Field Properties or Aneth Field), and the Permian Basin in Texas and southeast New Mexico (the Permian Properties or Permian Basin Properties). It has an interest in gas gathering and compression facilities located within and adjacent to its Aneth Field Properties. Aneth Field is an oil field in southeast Utah, which produces approximately 6,290 equivalent barrels of oil per day. It owns working interests in the Aneth Unit, the McElmo Creek Unit and the Ratherford Unit. The Company has interests in approximately 27,750 gross (17,570 net) acres in the Permian Basin of Texas and southeast New Mexico. It covers over two project areas, including the Delaware Basin project area and the Northwest Shelf project area.
