WildHorse Resource Development (WRD) Post Q1 Loss of $1.24

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WildHorse Resource Development Corporation Announces First Quarter Results

May 9, 2018 4:05 PM EDT

HOUSTON--(BUSINESS WIRE)-- WildHorse Resource Development Corporation (NYSE: WRD) announced today its operating and financial results for the three months ended March 31, 2018. Operational highlights from first quarter 2018 include:

Increased average daily production by 198% to 52.4 Mboe/d for the first quarter 2018 compared to 17.6 Mboe/d for the first quarter 2017 Increased average daily Eagle Ford production by 251% to 40.4 Mboe/d for the first quarter 2018 compared to 11.5 Mboe/d for the first quarter 2017 Brought online 19 gross (18.4 net) Eagle Ford wells and 4 gross (3.6 net)... More