Roan Resources, Inc. based in Oklahoma City announced a filing with the Securities and Exchange Commission.
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.
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.
