Resolute Energy Corporation announced unaudited consolidated earnings and production results for third quarter and nine months ended Sept. 30, 2017. For the quarter, the company reported total revenue of $81,552,000, income from operations of $7,629,000, loss before income taxes of $14,630,000, net loss of $14,602,000, net loss per common share - basic and diluted of $0.71, adjusted EBITDA of $42,929,000 compared to the total revenue of $47,419,000, loss from operations of $9,670,000, loss before income taxes of $18,856,000, net loss of $18,856,000, net loss per common share - basic and diluted of $1.24, adjusted EBITDA of $41,727,000 for the same quarter a year ago. Adjusted net income was $4,573,000 or $0.15 per diluted share compared to $62,000 a year ago.

For the year to date, the company reported total revenue of $217,804,000, income from operations of $30,432,000, income before income taxes of $71,000, net income of $99,000, net loss per common share - basic and diluted of $0.22, adjusted EBITDA of $114,162,000 compared to the total revenue of $101,810,000, loss from operations of $90,131,000, loss before income taxes of $141,074,000, net loss of $141,074,000, net loss per common share - basic and diluted of $9.33, adjusted EBITDA of $94,761,000 for the same period a year ago. Adjusted net income was $4,398,000 or $0.15 per basic and diluted share compared to loss of $54,544,000 or $3.61 per basic and diluted share a year ago.

For the quarter, the company's total production was 2,628 MBoe against 1,480 MBoe a year ago.

For the nine months, the company's total production was 6,618 MBoe against 3,380 MBoe a year ago.

The company's full year 2017 guidance range has been narrowed with respect to production to 24,500 to 25,500 Boe per day, which accounts for the full year impact of the Aneth Field sale and the Bronco activities. Based on its mix of producing wells and the sale of Aneth Field, which is 99% oil, the company expects that its 2017 oil percentage will be between 60% and 62%. Lease operating costs are currently expected to be $78 million to $82 million or $8.75 per Boe at the midpoint of the respective ranges. This represents an approximate 17% reduction in per unit lease operating expense from the midpoint of its prior guidance. The company now expects total capital for the year to be $290 million to $305 million.