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December 3, 2012
08:10 EDTRENResolute Energy acquires oil production and acreage, expands Permian Basin
Resolute Energy announced that it has entered into a definitive agreement to acquire oil assets, including existing production and undeveloped acreage, in the Permian Basin of Texas and southeast New Mexico from a private party for a purchase price of approximately $120M. The transaction is expected to close on or about December 21.  The company expects to finance the acquisition with debt.  The transaction has an effective date of August 1, and is subject to customary conditions and purchase price adjustments. Combined, the acquired properties produced a net 1,418 barrels of oil equivalent per day in the third quarter of 2012 and had estimated proved reserves of 4.1 million Boe, of which 73% is crude oil.  The company believes that there may be significant additional resource potential in excess of the reserves currently categorized as proved. 
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September 29, 2015
14:09 EDTRENResolute Energy starts limited marketing process for Gardendale property
Resolute Energy announced that it has commenced a limited marketing process for its Gardendale property in Midland and Ector counties, Texas in the Permian Basin. The company has engaged Petrie Partners and BMO Capital Markets as financial advisors in connection with this transaction. The company will assess market feedback and potential valuation, among other factors, in determining whether or not to pursue a sale of some or all of its interest in the property, Resolute said.
13:40 EDTRENResolute Energy trading halted, news pending
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