Rosehill Resources Announces Appointment of Craig Owen as Chief Financial Officer
June 08 2017 - 9:00AM
Rosehill Resources ("Rosehill" or the “Company”) (NASDAQ:ROSE)
(NASDAQ:ROSEW) (NASDAQ:ROSEU) today announced the appointment of R.
Craig Owen as Chief Financial Officer effective June 26, 2017.
Mr. Owen has over 24 years of experience in the
energy industry, serving in key executive financial and accounting
leadership roles within the energy sector. Mr. Owen most recently
served as Senior Vice President and Chief Financial Officer of
Southwestern Energy Company since October 2012. Previously, from
2008 to 2012, he was the Controller and Chief Accounting Officer of
Southwestern Energy Company. Prior to joining Southwestern Energy
Company, Mr. Owen was the Controller, Operations Accounting at
Anadarko Petroleum Corporation and has held various managerial and
financial positions at PricewaterhouseCoopers LLP, ARCO Pipe Line
Company and Hilcorp Energy Company. Mr. Owen holds a bachelor’s
degree in accounting from Texas A&M University and is a
Certified Public Accountant.
J.A. (Alan) Townsend, Rosehill Resources’ Chief
Executive Officer commented, “We are very pleased to have Craig
Owen join us as our new Chief Financial Officer and lead our
financial team. We are excited with the opportunities we have in
our premier Delaware Basin asset and Craig’s extensive financial
and accounting leadership within the E&P sector will benefit
Rosehill and help us execute our ongoing strategy.”
Mr. Townsend continued, “I would like to thank
Tiffany (“T.J.”) Thom, our interim CFO, for her extensive
assistance during the business combination between KLR Energy and
Tema Oil and Gas that created Rosehill Resources. T.J. will
continue to assist Rosehill as a consultant through a transition
period.”
About Rosehill Resources
Inc.
Rosehill Resources is an oil and gas exploration
company with producing assets in Texas and New Mexico, and its
investment activity is focused on the Delaware Basin portion of the
Permian Basin. The Company’s strategy for growth includes the
organic development of its core acreage position in Loving County
as well as focused acquisitions in the Delaware Basin.
Forward-Looking Statements
This communication includes certain statements
that may constitute "forward-looking statements" for purposes of
the federal securities laws. Forward-looking statements include,
but are not limited to, statements that refer to projections,
forecasts or other characterizations of future events or
circumstances, including any underlying assumptions. The words
"anticipate," "believe," "continue," "could," "estimate," "expect,"
"intends," "may," "might," "plan," "possible," "potential,"
"predict," "project," "should," "would" and similar expressions may
identify forward-looking statements, but the absence of these words
does not mean that a statement is not forward-looking.
Forward-looking statements may include, for example, statements
about: our opportunities in the Delaware Basin and our ability to
execute our business strategy. These forward-looking statements are
based on information available as of the date of this
communication, and current expectations, forecasts and assumptions,
and involve a number of judgments, risks and uncertainties.
Accordingly, forward-looking statements should not be relied upon
as representing the Company’s views as of any subsequent date, and
the Company does not undertake any obligation to update
forward-looking statements to reflect events or circumstances after
the date they were made, whether as a result of new information,
future events or otherwise, except as may be required under
applicable securities laws. You should not place undue reliance on
these forward-looking statements. As a result of a number of known
and unknown risks and uncertainties, the Company’s actual results
or performance may be materially different from those expressed or
implied by these forward-looking statements. Some factors that
could cause actual results to differ include: (i) changes in
applicable laws or regulations; (ii) the possibility that the
Company may be adversely affected by other economic, business,
and/or competitive factors , including, but not limited to, future
trends in energy markets and commodity prices; and (iii) other
risks and uncertainties described herein, as well as those risks
and uncertainties discussed from time to time in other reports and
other public filings with the Securities and Exchange Commission
(the "SEC") by the Company.
Additional information concerning these and
other factors that may impact our expectations and projections can
be found in our periodic filings with the SEC, including our Annual
Report on Form 10-K for the fiscal year ended December 31, 2016,
and in the definitive proxy statement filed by the Company with the
SEC on April 12, 2017, as amended or supplemented. Our SEC filings
are available publicly on the SEC's website at www.sec.gov. The
Company disclaims any obligation to update the forward-looking
statements, whether as a result of new information, future events
or otherwise, except as may be required under applicable securities
laws.
Contact:
Rosehill Resources Inc.
Gary C. Hanna(713) 654-8080
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