Current REN Stock Info

Resolute’s new Delaware Basin acreage producing 1,200 BOEPD
Resolute Energy (ticker: REN) announced that it has entered into a definitive agreement with Firewheel Energy LLC, a portfolio company of EnCap Investments, to acquire 3,293 acres of oil and gas properties located in Reeves County, Texas.

The purchase price for the acquisition is $135 million, consisting of $90 million in cash and the issuance to Firewheel of 2.1 million shares of Resolute’s common stock, valued at $45 million, according to the company’s press release which was put...

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