Chesapeake Completes Acquisition of WildHorse
February 1, 2019
Chesapeake Energy Corporation Completes Acquisition Of WildHorse Resource Development Corporation
Chesapeake, WildHorse Announce Preliminary Results For Election as to Form of Merger Consideration
January 31, 2019
Chesapeake Energy And WildHorse Resource Development Corporation Announce Preliminary Results For Election Of Form Of Merger Consideration
$3.98 Billion Deal Creates Major Eagle Ford Player
October 30, 2018
Second Eagle Ford deal in two days Chesapeake Energy (ticker: CHK) announced a major acquisition today, buying Eagle Ford operator WildHorse Resource Development (ticker: WRD). WildHorse holds a large position in the northern portion of the Eagle Ford, near a portion of Chesapeake’s acreage in the play. The company is currently producing 47 MBOEPD from its 420,000 net acres in
WildHorse Bolts on 20,000 Acres
September 21, 2018
Eagle Ford footprint approaches 430,000 acres WildHorse Resource Development Corporation (ticker: WRD), an independent oil and natural gas company based in Houston TX, announced yesterday it closed on two separate purchase and sale agreements. The combined total acreage is 20,305 net acres in the Eagle Ford and Austin Chalk plays, with other intervals. Production is 39 Boe/d across Burleson, Brazos,
WildHorse Resource Development to Build In-field Oil and Produced Water Gathering System
September 11, 2018
WildHorse Resource Development Corporation Announces Construction of In-field Oil and Produced Water Gathering System and Sand Mine Update
WildHorse Resource Development Reports Strong Q2 Margins As Eagle Ford Pure Play
August 9, 2018
WildHorse is Presenting Tuesday, August 21st at the EnerCom Conference WildHorse Resource Development Corporation (NYSE: WRD) reported on operating and financial results for the three months ended June 30, 2018. Some of the operational highlights from its second quarter 2018 included an Increased average daily production by 107% to 46.7 MBOEPD compared to 22.6 MBOEPD for the second quarter 2017,
Closed and Closed: WildHorse, WPX Divest Assets
April 2, 2018
WPX Energy (ticker: WPX) has closed the San Juan Basin oil play sale to Enduring Resources IV, LLC for $700 million. A significant portion of the proceeds are slated for debt reduction, WPX said, and the company now believes it can reduce its net debt/EBITDAX to a target level of 1.5x during 2019. The transaction completes WPX’s exit from operations
WildHorse Resource Earns $50 Million, Brings Online 90 Net Hz Wells in 2017
March 8, 2018
Almost 100 Gen 3 Eagle Ford wells were online by yearend of 2017 2018 Eagle Ford: WRD plans own in-basin sand mine, could reduce well costs $400,000-$600,000 per well WildHorse Resource Development Corporation (ticker: WRD) reported a net income of $14.1 million for Q4 2017. For 2017, the company reported a net income of $49.9 million. Net income available to
WildHorse Borrowing Base Rises to $450 Million
April 5, 2017
WildHorse Resource Development’s (ticker: WRD) existing borrowing base under its $1.0 billion multi-year revolving credit facility was increased by its 15-lender bank group to $450 million from $362.5 million, the company announced today. WRD’s revolving credit facility matures in December 2021. The financial covenants were unchanged, the company said in a statement. Wildhorse is active in the Eagle Ford and North Louisiana Cotton Valley trend.
WildHorse Resource Development IPO Targets $650 Million
December 2, 2016
Eagle Ford, North Louisiana Operations WildHorse Resource Development Corporation (ticker: WRD) will join Centennial Resource Development (ticker: CDEV) and Extraction Oil & Gas (ticker: XOG) as one of 2016’s new public E&P companies. The shares of WildHorse are expected to trade on the New York Stock Exchange under the ticker symbol “WRD,” the company said in a press release. WildHorse said
