WildHorse Resource Development Corp. Announces Borrowing Base Increase, Third Quarter 2017 Earnings Conference Call & Partici...
October 05 2017 - 7:00AM
Business Wire
WildHorse Resource Development Corporation (NYSE: WRD) announced
today that the borrowing base under its revolving credit facility
has been increased to $875 million from $612.5 million as a result
of its regularly scheduled semi-annual redetermination. In
addition, WRD’s lender group has expanded from 15 to 17 lenders.
The revolving credit facility matures in December 2021, and the
financial covenants remain unchanged.
WRD also announced today that it will report third quarter 2017
financial and operating results after the market closes for trading
on November 8, 2017. Management will host an earnings conference
call on November 9, 2017 at 8:00 a.m. Central (9:00 a.m. Eastern).
Interested parties are invited to participate on the call by
dialing (877) 883-0383 (Conference ID: 1125213), or (412) 902-6506
for international calls (Conference ID: 1125213) at least 15
minutes prior to the start of the call or via the internet at
www.wildhorserd.com. A replay of the call will be available on
WRD’s website or by phone at (877) 344-7529 (Replay Access Code:
10112285) for a seven-day period following the call.
In addition, WRD announced today that members of its management
team are scheduled to attend the following investor
conferences:
- Jefferies 7th Annual Energy Conference
in Houston, Texas on Tuesday to Wednesday, November 28 – 29,
2017
- Capital One 12th Annual Energy
Conference in New Orleans, Louisiana on Tuesday to Thursday,
December 6 – 7, 2017
The presentation materials used at the conferences will be
available on WRD's website at www.wildhorserd.com under the
Investor Relations tab.
About WildHorse Resource Development
WildHorse Resource Development Corporation is an independent oil
and natural gas company focused on the acquisition, exploration,
development and production of oil, natural gas and NGL properties
primarily in the Eagle Ford Shale in East Texas and the
Over-Pressured Cotton Valley in North Louisiana.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171005005187/en/
WildHorse Resource Development CorporationPearce Hammond, CFA
(713) 255-7094Vice President, Investor
Relationsir@wildhorserd.com
Wildhorse Resource Development Corp. (NYSE:WRD)
Historical Stock Chart
From Mar 2024 to Apr 2024
Wildhorse Resource Development Corp. (NYSE:WRD)
Historical Stock Chart
From Apr 2023 to Apr 2024