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Rosehill Resources Inc.
29 articles mentioning Rosehill Resources Inc. · Page 1 of 2
Rosehill Resources Files Chapter 11 Bankruptcy
Rosehill Resources Inc. has filed for bankruptcy. This move has been forthcoming since July 1, 2020, when Rosehill entered into a restructuring agreement with its lenders, of which filing Chapter 11 was part of the deal....
Rosehill Resources Enters into Restructuring Deal with Lenders
The southern Delaware Permian E&P filed for chapter 11 bankruptcy protection. The company was able to secure $17.5 million in capital to continue operating while in bankruptcy.
Permian-Focused Rosehill Resources Gets Forbearance Extension
Rosehill Resources Inc. has entered into a forebearance extension agreement with its lenders (JPMorgan Chase), according to a recent SEC filing. The amended agreement is characterized by extending the milestone to enter into a Restructuring Term...
Rosehill Resources Details Fourth Quarter 2019 Results
Rosehill Resources Inc. reported its Q4 2019 results. Fourth Quarter 2019 and Current Highlights: Average net production of 22,157 barrels of oil equivalent per day ("BOEPD") (72% oil and 86% total liquids) Reported a net loss...
Delaware Permian E&P Exploring Restructuring/Bankruptcy
Roesehill Resources today reported its full year 2019 and fourth quarter results and the company said "The Company is exploring strategic alternatives in support of its objectives to maximize value, position the Company for long-term growth...
Permian E&P Lays Off 64% of Its Employees
In a SEC filing, Rosehill Resources said it informed Brian Ayers (SVP of Geology) that his position along with 52 other employees were being elimated as of April 3, 2020. As of Dec 2018, the company...
Permian E&P Maxes Out Credit Facility; Halts All D&C Activity for 2020
Rosehill Resources Inc. has withdrawn its previously issued 2020 guidance in light of deteriorating global markets and commodity prices. 2020 D&C Activity Halted Rosehill has halted all drilling and completion activity for 2020. The Company now...
Rosehill Resources Spending Over 30% Less in 2020; Cuts Rig Count in Half
Rosehill Resources Inc. has reported its 2020 guidance and capital plan. The company is a pure-play Delaware Basin operator and boasts over 13,000 net acres in the region. 2020 Summary Estimated 2020 annual production guidance of...
Rosehill Details Q3 Drilling, Production; Financials
Rosehill Resources Inc. has reported its Q3 2019 results. Highlights: Average net production of 20,576 barrels of oil equivalent ("BOE") per day ("BOEPD") (74% oil and 88% total liquids), with September average net production of approximately...
Rosehill Turns on Taps at Delaware Basin Wells; Expects Output Growth in Q3
Rosehill Resources Inc. provided an operational update for recent activity as well as expected production for the quarter ending September 30, 2019. Highlights: Placed onto production nine wells in the Northern Delaware area and four wells...
Rosehill Talks 2Q2019 Results
Rosehill Resources today reported financial and operational results for the quarter ended June 30, 2019. Second Quarter 2019 Highlights and Recent Items: Average net production of 18,934 barrels of oil equivalent ("BOE") per day ("BOEPD") (70%...
Rosehill's Drilling Up 22% YOY While Completions Drop 33%; ESPs Pay Off
Rosehill Resources Inc. reported its Q1 2019 results. Here are the highlights from its report and presentation. Q1 Summary: Drilling Up 22% While Completions Fall 33% Q1 Production: 21.5 MBOEPD (70% oil) - this is up...
Rosehill Sees 36% Increase in Borrowing Base; Up to $300MM
Rosehill Resources reported that its lenders decided to increase the borrowing base under the Company's revolving credit facility from $220 million to $300 million - an increase of 36%. The borrowing base was evaluated using reserve...
Rosehill Eyes 57% Production Growth in 2019 Despite Drilling, Spending Reductions
Rosehill Resources Inc. detailed its Q4 2018 results as well as its 2019 capital budget. The company noted that oil hedges cover over 85% of expected 2019 production at the midpoint of guidance with an average...
Rosehill Resources Brings on New President & CEO
Rosehill Resources Inc. reported that David L. French will join Rosehill as Director, President and Chief Executive on or before April 30, 2019, subject to his completion of continuing obligations in his current role. At such...
Rosehill Cutting Drilling by 50% for 2019; Eyes +25% Production Growth
Rosehill Resources Inc. has detailed its 2019 capex and operating plans. The company noted that oil hedges cover over 85% of expected 2019 production at the midpoint of guidance with an average floor of approximately $55...
Rosehill Touts Latest Three-Well Pad Result in Loving County; 4,927 BOEPD IP24
Rosehill Resources detailed recent results from its Z&T 32 three well pad in Loving County, Texas. These wells targeted the Lower Wolfcamp A formation and reached a cumulative initial production rate during a 24-hour period of...
Rosehill Hits +274% YOY Production Growth in Q3; Looking to Boost S. Delaware IPs
Rosehill Resources reported its Q3 2018 results. Highlights: - Q3 net production of 19.8 MBOEPD - up +7% from 2Q18 and up +274% YOY Working to Boost S. Delaware Results Encouraging early results in Southern Delaware...
Rosehill Hits 20,000 BOE/d Production Milestone
Rosehill Resources' net daily production exceeded 20,000 BOE/d in early September. This production level was achieved based on strong performance from wells recently placed online on the Weber lease in Loving County, Texas along with contributions...
Rosehill Resources Names Interim President & CEO
Rosehill Resources announced that the Chairman of the Company's board of directors, Gary C. Hanna, has been appointed to also serve as the interim President and Chief Executive Officer of the Company and its sole subsidiary,...