Exploration & Production | Reserves | Production Rates
Argent Energy Trust Strategic Review Ongoing
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Argent Energy Trust has provided its 2014 year-end oil and gas reserves as evaluated by independent reserves evaluator GLJ Petroleum Consultants Ltd.
For 2014, average production was 6,641 boe/d barrels of oil equivalent per day, of which 67% was oil and NGLs, while Q4 2014 production was 6,528 boe/d.
The previously announced strategic review is ongoing and the Trust will provide an update when the Trust completes and releases the audited consolidated financial statements for the year ended December 31, 2014 and related management's discussion and analysis, expected in mid-March 2015.
Capital Program Efficiency The Trust's 2014 oil and gas development capital expenditures of $66.6 million (US$58.2 million) resulted in additions to the Trust's working interest proved plus probable…- ✓ Full news archive — U.S., Canada & international coverage
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