OKLAHOMA CITY--(BUSINESS WIRE)--
Roan Resources, Inc. (NYSE: ROAN) (“Roan” or the “Company”) today
announced it filed an amendment to its S-1 Registration Statement. The
filing was made to satisfy Roan’s contractual obligation to register
certain shares held by funds affiliated with certain members of our
Board of Directors in accordance with the Registration Rights Agreement
entered into in September of 2018. The Board of Directors have not
expressed any current intent to divest any of these shares and they
remain very supportive of the Company’s strategic direction.
About Roan Resources
Roan is an independent oil and natural gas company headquartered in
Oklahoma City, OK focused on the development, exploration and
acquisition of unconventional oil and natural gas reserves in the Merge,
SCOOP and STACK plays of the Anadarko Basin in Oklahoma. For more
information, please visit www.RoanResources.com,
where we routinely post announcements, updates, events, investor
information, presentations and recent news releases.
Cautionary Statements
This press release includes "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
All statements, other than statements of historical fact, are
forward-looking statements. Forward-looking statements include
information concerning our business strategies,plans and
objectives, future financial performance, planned operational objectives
and other matters. These statements often include words such as
“believe,” “expect,” “anticipate,” “consider,” “explore,” “continue,”
“potential,” “intend,” “focus,” “plan,” “estimate,” “evaluate,” “will,”
“may,” “should,” “could,” “execute,” “deliver,” or similar expressions.
These forward-looking statements are based on certain assumptions and
expectations made by the Company, which reflect management’s experience,
estimates and perception of historical trends, current conditions and
anticipated future developments. These statements are expressed in good
faith and we believe these judgements are reasonable. However, you
should understand that these statements are not guarantees of
performance or results. Such statements are subject to a number of
assumptions, risks and uncertainties, many of which are beyond the
control of the Company, which may cause actual results to differ
materially from those implied or anticipated in the forward-looking
statements. When considering these forward-looking statements, you
should keep in mind the risk factors and other cautionary statements
found in the Company’s filings with the Securities and Exchange
Commission, including its Annual Report on Form 10-K, and any
subsequently filed quarterly reports on Form 10-Q or current reports on
Form 8-K.
We caution you that these forward-looking statements are subject to
all of the risks and uncertainties, most of which are difficult to
predict and many of which are beyond our control, or incidental to the
development, production, gathering and sale of oil, natural gas and
NGLs. These risks include, but are not limited to, the expectations of
plans, strategies, objectives and growth and anticipated financial and
operational performance, commodity price volatility, inflation, lack of
availability of drilling and production equipment and services,
environmental risks, drilling and other operating risks, regulatory
changes, the uncertainty inherent in estimating reserves and in
projecting future rates of production, cash flow and access to capital,
the timing of development expenditures and the other risks.
Should one or more of the risks or uncertainties described occur, or
should underlying assumptions prove incorrect, our actual results and
plans could differ materially from those expressed in any
forward-looking statements.
All forward-looking statements, expressed or implied, included in
this release are expressly qualified in their entirety by this
cautionary statement. This cautionary statement should also be
considered in connection with any subsequent written or oral
forward-looking statements that we or persons acting on our behalf may
issue.
Except as otherwise required by applicable law, we disclaim any duty
to update any forward-looking statements, all of which are expressly
qualified by the statements in this section, to reflect events or
circumstances after the date of this release.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20190503005284/en/
Alyson Gilbert
Investor Relations Manager
405-896-3767
IR@RoanResources.com
Source: Roan Resources, Inc.