Highpoint Resources Corporation Reports Unaudited Consolidated Operating Results for the First Quarter Ended March 31, 2020; Provides Production Guidance for the Second Quarter of 2020
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.