May 2017

Resolute Energy Corporation Announces Closing of Delaware Basin Bronco Acquisition

Resolute Energy Corporation (“Resolute” or the “Company”) (NYSE:REN) today announced the closing of its previously announced Bronco acquisition of certain oil and gas properties located in Reeves County, Texas, for an aggregate purchase price of $160 million, adjusted for normal closing purchase price adjustments.  The acquisition was financed in substantial part with proceeds received from the previously announced offering of $125 million of 8.50% Senior Notes due 2020, which closed

UNCONVENTIONAL RESOURCE PLAYS – WORKSHOP

INSTRUCTORS: Stephen A. Sonnenberg PhD DISCIPLINE: Geology COURSE LENGTH (DAYS): 3 CEUS: 2.4 PUBLIC/ IN-HOUSE/ BOTH: Both WHO SHOULD ATTEND: Geologists and geophysicists, petrophysicists, reservoir engineers and managers who are exploring for and developing oil and gas fields in basin-center systems particularly appropriate for those desiring to the assessment of operation and non-operation assets. Some experience with electric well logs would be helpful. COURSE DESCRIPTION: This three-day workshop provides an

PETROLEUM INVESTMENT ANALYSIS – OPPORTUNITY EVALUATION, RISK ASSESSMENT, ECONOMICS, STRATEGIES

INSTRUCTORS: Margaret ‘Maggie’ Dalthorp PhD DISCIPLINE: Introductory & Multi-Disciplinary COURSE LENGTH (DAYS): 2 CEUS: 1.6 PUBLIC/ IN-HOUSE/ BOTH: Both WHO SHOULD ATTEND: Engineers, Geoscientists, Planners, Managers, Supervisors, Financial or Oil & Gas Accounting Staff, A&D Analysts, Petroleum Investors, or anyone involved in evaluating petroleum investments. COURSE DESCRIPTION: The oil & gas industry is a business of high risks and high rewards. To be successful industry personnel need to know the

ConocoPhillips Completes Sale of Foster Creek Christina Lake Partnership Interest and Western Canada Deep Basin Gas Assets to Cenovus

ConocoPhillips (NYSE: COP) today completed its previously announced transaction with Cenovus (TSX: CVE) (NYSE: CVE) to sell its 50 percent nonoperated interest in the Foster Creek Christina Lake (FCCL) oil sands partnership, as well as the majority of its western Canada Deep Basin gas assets. ConocoPhillips Canada retains its operated 50 percent interest in the Surmont oil sands joint venture and its operated 100 percent Blueberry-Montney unconventional acreage position. “This

RIVERSTONE HOLDINGS AND JOG CAPITAL LEAD C$305 MILLION FINANCING ROUND FOR VESTA ENERGY

Vesta Energy Corp. (“Vesta” or the “Company”) today announced it has entered into definitive agreements with respect to a C$295 million equity financing round (the ”Transaction”) priced at C$4.50/share, co-led by energy private equity firms Riverstone Holdings LLC (“Riverstone”) and JOG Capital (“JOG”). Other investors in the round include certain funds managed by JOG and the Vesta management team. In conjunction with the investments by Riverstone and JOG, Vesta has

Noble Energy Sells Upstream Appalachia Natural Gas Assets

Noble Energy, Inc. (NYSE: NBL) (“Noble Energy” or “the Company”) today announced that it has signed a definitive agreement to divest all of its upstream assets in northern West Virginia and southern Pennsylvania to an undisclosed buyer for a total amount of $1.225 billion.  The amount includes upfront cash of $1.125 billion and an additional contingent amount of $100 million, structured as three separate payments of $33.3 million.  The contingent