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Caza Oil and Gas Production Down 51% from 2014
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Caza Oil & Gas, Inc. has provided its unaudited financial results for the three-months ended September 30, 2015.
Highlights Caza's oil and natural gas liquids (NGL) production decreased 21% to 46,323 bbls compared to 58,847 bbls in Q2 2015. This represents a decrease of 47% for Q3 2015 from 87,901 bbls for the comparative period in 2014. The Company's oil and NGL production increased to 85% of the Company's combined oil and natural gas production in Q3 2015 from 79% in Q3 2014, which is a slight decrease from 87% in Q2 2015. Caza's natural gas production decreased 6% to 50,027 Mcf compared to 53,060 Mcf in Q2 2015. This also represents a decrease of 64% for Q3 2015 from 140,402 Mcf for the comparative period in 2014. Average net production volumes decreased 20% to 594 Boe/d compared to…- ✓ Full news archive — U.S., Canada & international coverage
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