Resolute Energy Partners Company Description
A firm and determined resolve is what's needed when searching for oil and Resolute Energy Partners knows all about that. The company, with estimated net proved reserves of about 78 million barrels of oil, mostly light, sweet crude used in oil refinery blending operations, operates and partially owns oil wells in Utah. The company's assets include about 260 active and 220 water and carbon dioxide injected wells on land in the Greater Aneth Field. It shares ownership of the oil field with Navajo Nation Oil and Gas Company (NNOG) since the Aneth Field sits on reservation land. The field was discovered in 1956 and is considered mature and long-lived making its operation less risky than newer unproved fields.
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The Company Description provides a historical perspective of Resolute Energy Partners's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Resolute Energy Partners's evolution in the marketplace.
