HighPoint Resources Corporation reported unaudited consolidated operating results for the first quarter ended March 31, 2020. For the quarter, the company reported oil production of 1,587 MBbls against 1,720 MBbls a year ago. Natural gas production of 4,356 MMCf against 3,756 MMCf a year ago. NGLs production of 595 MBbls against 452 MBbls a year ago. Combined volumes of 2,908 Mboe against 2,798 Mboe a year ago. Daily combined volumes of 31,956 Boe/d against 31,089 Boe/d a year ago.

For the second quarter of 2020, production is expected to approximate 2.5-2.6 MMBoe, of which approximately 57% is anticipated to be oil. The Company expects to achieve this level of production provided that it does not experience any physical downstream production curtailments or shut-ins as a result of deteriorating crude oil supply and demand fundamentals or broader economic conditions.