Rosehill Resources Inc. Announces Second Quarter 2017 Results and Updates Full Year Guidance
Rose Hill Acquisition Corporation - Class A Ordinary Shares (ROSE)
Last rose hill acquisition corporation - class a ordinary shares earnings: 11/7 05:00 pm
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US:NASDAQ Investor Relations:
ir.rosehillresources.com
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Source: GlobeNewswire
HOUSTON, Aug. 15, 2017 (GLOBE NEWSWIRE) -- Rosehill Resources Inc. (“Rosehill” or the “Company”) (NASDAQ:ROSE) (NASDAQ:ROSEW) (NASDAQ:ROSEU) today reported operational and financial results for the second quarter of 2017. Second Quarter 2017 Highlights and Recent Key Items: Completed a reverse recapitalization on April 27, 2017, pursuant to which the Company acquired a portion of the equity of Rosehill Operating Company, LLC and changed its name to “Rosehill Resources Inc.”;Spud 12 gross operated horizontal wells in the first half of the year in the Delaware Basin with 11 total drilled and uncompleted (“DUC”) wells at June 30, 2017;Produced an average of 5,258 net barrels of oil equivalent (“BOE”) per day in the second quarter of 2017, up 34% from the same period in 2016;In late July, Rosehill began flowback on its first well targeting the 2nd Bone Spring sand, the Kyle 26 ST-1, with a peak rate of 2,130 BOE per day (84% oil);Increased proved reserves to 24.8 million barrels of oi
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