Company description

Resolute Energy Corporation, with ticker symbol RES, is an independent oil and gas exploration and production company headquartered in Denver, Colorado. The company has a long history, dating back to 2004, when it was founded as a private oil and gas investment group. In 2010, Resolute Energy Corporation became a publicly traded company on the New York Stock Exchange, and since then has steadily grown in size and profitability. Resolute Energy Corporation focuses on the acquisition and development of unconventional oil and gas reserves in the United States, with a strong presence in the Permian Basin and the Aneth Field. The company utilizes advanced drilling and completion techniques to maximize production and reduce costs. Additionally, Resolute Energy Corporation is committed to responsible and sustainable operations, implementing various environmental and safety measures in its operations. Currently, the company has a diverse portfolio of assets, including approximately 68,000 net acres in the Permian Basin and 19,000 net acres in the Aneth Field. These assets have a significant amount of proven and probable reserves, with a reserve life of around 11 years. With its strategic locations and efficient operations, Resolute Energy Corporation has reported consistent production growth and impressive financial results, generating strong returns for its shareholders. In recent years, Resolute Energy Corporation has also made efforts to diversify its energy portfolio, investing in renewable energy sources such as solar and wind. This progressive approach showcases the company's commitment to sustainability and its ability to adapt to changing market