Resolute Continues to Trade at a Steep Discount to Relevant Peers Due To a Bloated Cost Structure and Subscale Assets, Rendering it Unable to Compete as a Standalone Company in Highly Competitive and Lucrative Permian Basin According to Kimmeridge
Company Appears to Have Made No Significant Progress on Previously Announced Strategic Review
Kimmeridge Considering all Options, Including Seeking To Install Independent Board Members
PR Newswire
NEW YORK, Oct. 19, 2018