RSP PERMIAN, INC. (NYSE:RSPP) Files An 8-K Results of Operations and Financial Condition
Item2.02
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Results of Operations and Financial Condition. |
On February27, 2017, RSP Permian,Inc. (the Company) issued a news
release regarding its financial and operating results and proved
reserves for the quarter and year ended December31, 2016. A copy
of the news release is attached hereto as Exhibit 99.1.
The information furnished in this Item 2.02 shall not be deemed
filed for purposes of Section18 of the Securities Exchange Act of
1934, as amended, or otherwise subject to the liabilities of that
section, nor shall such information be deemed incorporated by
reference in any filing under the Securities Act of 1933, as
amended, regardless of any general incorporation language in such
filing, except as shall be expressly set forth by specific
reference in such filing.
| Item7.01 | Regulation FD Disclosure. |
In addition, on February27, 2017, the Company posted an earnings
presentation on the Companys website, www.rsppermian.com.
The information furnished in this Item 7.01 shall not be deemed
filed for purposes of Section18 of the Securities Exchange Act of
1934, as amended, or otherwise subject to the liabilities of that
section, nor shall such information be deemed incorporated by
reference in any filing under the Securities Act of 1933, as
amended, regardless of any general incorporation language in such
filing, except as shall be expressly set forth by specific
reference in such filing.
| Item9.01 | Financial Statements and Exhibits. |
(d)Exhibits.
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ExhibitNo. |
Description |
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| 99.1 |
News Release, dated February27, 2017, titled RSP Permian,Inc. Announces Fourth Quarter and Year-End 2016 Financial and Operating Results, Year-End 2016 Proved Reserves, 2017 Guidance and 2018 and 2019 Production Outlook |
About RSP PERMIAN, INC. (NYSE:RSPP)
RSP Permian, Inc. is an independent oil and natural gas company focused on the acquisition, exploration, development and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. The Company operates through the oil and natural gas exploration and production industry in the United States segment. The Company’s properties are located on contiguous acreage blocks in the Midland Basin, a sub-basin of the Permian Basin, primarily in the adjacent counties of Midland, Martin, Andrews, Dawson, Ector and Glasscock. The Company has drilled Lower Spraberry horizontal well and a Middle Spraberry horizontal well in the Permian Basin. In addition, it has also drilled a Wolfcamp B horizontal well in the North Midland Basin. The Company’s estimated proved oil and natural gas reserves are approximately 159.2 million barrels of oil equivalent (MMBoe). Of the Company’s reserves, approximately 41% were classified as Proved developed producing. RSP PERMIAN, INC. (NYSE:RSPP) Recent Trading Information
RSP PERMIAN, INC. (NYSE:RSPP) closed its last trading session up +1.08 at 40.97 with 2,087,207 shares trading hands.
