Resolute Energy Corporation declared its 2016 capital budget and issued guidance as to anticipated production and costs for 2016. Resolute also provided detail on its year-end 2015 reserves and production.

Nicholas J. Sutton, Resolute's Chairman and Chief Executive Officer, commented that during 2015, Resolute produced an average of 12,427 Boe per day, exceeding the midpoint of the previously announced guidance despite completing three significant asset sales that generated proceeds of approximately $275 million.

Tags: Resolute Energy Corporation