About Resolute

Resolute is rapidly becoming a Delaware Basin pure play.  Since 2011 Resolute has been active in Delaware Basin, and has drilled and completed more than 50 mid-length and long lateral horizontal wells, targeting the Wolfcamp A, B and C formations.  The Company’s Delaware Basin focus allows it to maximize drilling, completion and operating efficiencies in the most attractive oil and gas province in the United States.  The Company will have 21,100 net acres and a drilling inventory of more than 550 wells, giving Resolute an identified opportunity set of more than ten years’ worth of  activity.

The Company’s Delaware Basin drilling success has led to dramatic production growth, with visibility to continue that trend.

With a three rig drilling program in 2018 for the majority of the year, Resolute expects to grow production more than 50% year-over-year.  Resolute benefits from the efficiencies of its concentrated acreage position.  Because Resolute operates substantially all of its properties, the Company can control the pace and timing of activities as it acceleration production in Reeves County.