Since its founding in 2004, Resolute Energy (NYSE: REN) has focused on developing legacy oil assets that provide long-term production growth opportunities and stable cash flows. Recently, REN began adding oil development assets to its portfolio with acquisitions in the Permian Basin. In Q2'11, the company produced an average of 8,012 BOEPD net from oilfields located in Wyoming, the Williston Basin in North Dakota, Utah, and more recently, the Permian Basin.

Resolute had an enterprise value of $733 million as of October 7, 2011, which included ...

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