Centennial Resource Development posts $5.3 million profit

Company aims to restart drilling activity with one rig in the fourth quarter

Centennial Resource Development: shut in 20% of May production volumes — Centennial Resource Development: shut in 20% of May production volumesPhoto: AP/Scanpix/AP/NTB scanpix

Julia Martinez

Houston

Shale Permian Centennial Resource Development production Financial

Published 3 August 2020, 22:14Updated 3 August 2020, 22:18