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Osage reported record revenue from continuing operations of $3.3 million, a 34.3% increase over the previous quarter.
The Mississippi Lime is emerging as one of the top new horizontal plays in the United States. Initially a vertical play, horizontal techniques have increased interest in the area. Production varies significantly from one operator to the next. Well design is the biggest variable, but we need more results to give consistent averages.
Source : Midstates Petroleum / Petroleum Research.org