HighPoint Resources Reports Second Quarter 2019 Financial and Operating Results
HIGH POINT RESOURCES CORP (HPR)
Last high point resources corp earnings: 2/26 04:21 pm
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Source: GlobeNewswire
Reported production sales volume increased 18% over the second quarter of 2018 to 2.84 million barrels of oil equivalent ("MMBoe") Oil production sales volume increased 16% over the second quarter of 2018 to 1.75 million barrels of oil ("MMBbls"), represents approximately 62% of total reported production sales volumes Hereford field production has reached a record-high of over 10,000 barrels of oil equivalent per day ("Boe/d") Delivered strong operational execution as 30 gross wells were placed on flowback during the second quarter of 2019 and an additional 20 gross wells were placed on flowback in July Successfully executed Hereford optimization program with all strategic completion and microseismic data gathered and all 23 wells placed on flowback; seeing immediate performance insights that are contributing to early positive development enhancements Continued strong well performance from Northeast ("NE") Wattenberg high-fluid intensity completions as the most recent seven wells on
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