Resolute Closes Gardendale Sale, Repays $95 Million Debt

Transaction Type
Announce Date
Post Date
Close Date
Estimated Price
$177.5MM
Description

Acquired Gardendale assets in the Midland Basin in Midland and Ector Counties, TX; includes 4,600 net acres and 1,649 boe/d of 2Q 2015 production.

Resolute Liquidates Portion Of Midland Basin To Pay Debt

Resolute Closes Gardendale Sale, Repays $95 Million Debt