Resolute Energy (REN) provides 2013 production and cost guidance, expecting a capital budget of...

|About: Resolute Energy Corporation (REN)|By:, SA News Editor

Resolute Energy (REN) provides 2013 production and cost guidance, expecting a capital budget of $145M-$165M and full-year production of 4.3M-4.7M boe; the midpoint of production guidance would represent a 32% Y/Y increase. At year-end 2012, REN's estimated proved reserves totaled 78.8M boe; ~90% were in liquids.