Resolute Energy (REN) Enters 55k Series B Conv. Preferred Private Placement

Resolute Energy Corporation Announces $135 Million Delaware Basin Acquisition

DENVER, CO -- (Marketwired) -- 10/04/16 -- Resolute Energy Corporation ("Resolute" or the "Company") (NYSE: REN) today reported that it has entered into a definitive agreement (the "Acquisition Agreement") with Firewheel Energy, LLC ("Firewheel"), a portfolio company of EnCap Investments, to acquire certain oil and gas properties located in Reeves County, Texas, for a purchase price of $135 million (the "Firewheel Properties"). The transaction is expected to close on October 7, 2016.

The Firewheel Properties consist of 3,293 net acres in our highly productive Delaware Basin operating area, and include interests in thirteen horizontal and fifteen vertical wells,... More

Resolute Energy Corporation Announces Private Offering of 55,000 Shares of 8 1/8% Series B Cumulative Perpetual Convertible Preferred Stock

DENVER, CO -- (Marketwired) -- 10/04/16 -- Resolute Energy Corporation (NYSE: REN) (the "Company" or "Resolute") today announced that it has priced a private offering of 55,000 shares of 8 1/8% Series B Cumulative Perpetual Convertible Preferred Stock of the Company ("convertible preferred stock"), having an initial offering price and liquidation preference of $1,000 per share. The Company has granted the initial purchaser a 30-day option to purchase up to an additional 7,500 shares of convertible preferred stock. The closing of the offering is expected to occur on October 7, 2016 and is subject to the satisfaction of customary closing... More