One of the upstream energy companies headquartered in Denver, Colorado is Resolute Energy Corporation. The company was incorporated in July 2009 and is registered as an independent oil and gas company.
As an energy company, the business engages in the exploitation, exploration, development and acquisition of oil and natural gas properties in the United States. The operations of the business are strongly focused in the Aneth Field, the Permian Basin, the Powder River and the Big Horn Basins. These properties are located in Southeast Utah, Texas, New Mexico and in Wyoming. As of December 2014, the business has reported their proven oil reserves to be around 74.2 million barrels of oil equivalent. It continues to own and operate several wells in the areas they operate in.
Through the company’s strategic acquisition of properties within their areas of operations, they are able to slowly expand its presence in these oil-rich regions. The company’s present value is estimated to be around $973 million.
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