Brief: Rosehill Resources Provides 2020 Guidance And An Operations Update

Rose Hill Acquisition

16/12/2019 21:54

Dec 16 (Reuters) - Rosehill Resources Inc  ROSEU.O :
    * ROSEHILL RESOURCES INC. PROVIDES 2020 GUIDANCE AND AN
OPERATIONS
UPDATE
    * ROSEHILL RESOURCES INC - ESTIMATED 2020 ANNUAL PRODUCTION
GUIDANCE OF 19,500 - 21,500 BOEPD (ABOUT 70% OIL AND 85%
LIQUIDS)
    * ROSEHILL RESOURCES INC - EXPECTING CASH FLOW NEUTRALITY,
OR
BETTER FOR 2020
    * ROSEHILL RESOURCES - PLANNED 2020 CAPITAL EXPENDITURES OF
$155 -
$175 MILLION
    * ROSEHILL RESOURCES INC - OVER 80% OF ESTIMATED 2020 OIL
PRODUCTION HEDGED
    * ROSEHILL RESOURCES INC - EXPECTS TO DRILL BETWEEN 20 AND
24
WELLS IN 2020 AND COMPLETE BETWEEN 22 AND 26 WELLS
    * ROSEHILL RESOURCES INC - 2020 GUIDANCE ASSUMES COMPANY
WILL
UTILIZE, ON AVERAGE, A ONE RIG DRILLING PROGRAM

Source text for Eikon:  ID:nGNXbLDPGC 
Further company coverage:  ROSEU.O 

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