Resolute Energy Corporation Announces Extension Of Exchange Offer To April 16, 2013
DENVER, April 12, 2013 /PRNewswire/ -- Resolute Energy Corporation (NYSE: REN), a Delaware corporation ("Resolute" or the "Company") today announced that it has extended its offer to exchange (the "Exchange Offer") its 8.50% Senior Notes due 2020 (the "New Notes") which are registered under the Securities Act of 1933, as amended (the "Securities Act"), for any and all of its outstanding 8.50% Senior Notes due 2020, issued and sold on April 25, 2012 and December 10, 2012 (the "Old Notes"), which were not registered under the Securities Act.
The Exchange Offer was originally scheduled to expire at 5:00 p.m., New York City time, on April 12, 2013, unless extended. The new expiration date for the Exchange Offer is 5:00 p.m., New York City time, on April 16, 2013, unless further extended by the Company.
This press release shall not constitute an offer to sell or solicitation of an offer to buy, nor shall there be any sale of the New Notes in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
About Resolute Energy Corporation
Resolute is an independent oil and gas company focused on the acquisition, exploration, exploitation and development of oil and gas properties, with a particular emphasis on liquids-focused, long-lived onshore U.S. opportunities. Resolute's producing properties are located in the Paradox Basin in Utah, the Permian Basin in Texas and New Mexico, the Bakken trend of North Dakota and the Powder River Basin in Wyoming. The Company also owns exploration properties in the Permian Basin of Texas and the Big Horn Basin of Wyoming.
Forward Looking Statements
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "poised," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include statements regarding completion of the exchange offering, including future expiration dates, and are intended to be covered by the safe harbor provisions of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. Actual results may differ materially from those contained in the forward-looking statements in this press release. Resolute undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after the date of this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.
CONTACT: |
HB Juengling |
Vice President - Investor Relations |
|
Resolute Energy Corporation |
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303-534-4600 |
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SOURCE Resolute Energy Corporation
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