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News Breaks | | | | December 28, 2012 | | 16:48 EDT |  | REN | Resolute Energy acquires additional Texas oil production, drilling inventory
Resolute Energy Corporation announced that it has entered into definitive agreements, and closed an initial transaction, to acquire a 32% working interest in oil assets, including existing production and undeveloped acreage, in the Permian Basin of Texas from private parties for a purchase price of approximately $125M. In addition, Resolute has acquired, for additional consideration of approximately $5.7M, the option to buy the balance of working interest in the field and operations from the sellers. The acquired assets comprise approximately 32% of the sellers' interests in the properties. The remainder of the working interests in the properties can be acquired at the company's option for additional consideration of approximately $261M, under substantially the same terms as the initial transaction, at any time between now and March 18, 2013. | |
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News For REN From The Last 14 Days Check below for free stories on REN the last two weeks. |
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| May 20, 2013 | | 16:16 EDT | | REN | Sageview Capital Master reports 6.3% stake in Resolute Energy
 Subscribe for More Information | | | May 9, 2013 | | 06:18 EDT |  | REN | Resolute Energy 13.25M share Secondary priced at $8.00
Subscribe for More Information | | | May 7, 2013 | | 16:04 EDT | | REN | Resolute Energy files to sell 13.25M shares of common stock
Barclays, BMO Capital Markets, Citigroup, Raymond James and Wells Fargo Securities will act as joint book-runners for the offering, and Johnson Rice & Company L.L.C. and Capital One Southcoast will act as senior co-managers for the offering. | |
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