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Rosehill Continues Strong Output Growth; Up +50% from 1Q18; Talks Prelim 2019 Plans
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Rosehill Resources reported its Q2 2018 results.
Production Up +50% from 1Q18 / +250% YOY- Q2 production of 18.4 MBOEPD (up +50% from 1Q18 and up nearly +250% YOY)
Continued Delaware Basin Production Growth Expected: Rosehill expects production increases for the remainder of the year. This increase is expected to be driven by an inventory of seven wells located on the Weber lease in the Northern Delaware area scheduled to be turned to sales in the third quarter of 2018 and by contributions from the remainder of its development program, including results from the Southern Delaware area. Preliminary 2019 Guidance Rosehill has detailed its preliminary 2019 plans, which include a +21% spending increase and a nearly +50% upswing in expected production. Well Results - Talks Latest IPs…- ✓ Full news archive — U.S., Canada & international coverage
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