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Re: fung_derf post# 1492

Monday, 04/29/2019 12:54:31 PM

Monday, April 29, 2019 12:54:31 PM

Post# of 1499
$ROAN Roan Resources gets 'multiple' indications of interest, forms committee

Roan Resources (NYSE:ROAN) says it has received multiple unsolicited indications of interest to buy the company as well as in-basin consolidation opportunities.

Roan says it has formed a board committee to evaluate a potential sale or merger while also remaining committed to creating maximum value on a stand-alone basis.

"We believe consolidation in the core of the [Anadarko] basin through a sale or merger combination could be value enhancing on many levels," Chairman Joseph Mills says.