Exploration & Production | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update
Crocotta Cardium, Montney Focus Fuels Production Growth
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Crocotta Energy Inc. has reported its financial and operating results for the year ended December 31, 2013, including consolidated financial statements, notes to the consolidated financial statements, and Management's Discussion and Analysis.
All dollar figures are Canadian dollars unless otherwise noted.
Highlights: Increased average production 26% to 8,724 boepd in 2013 from 6,911 boepd in 2012 Increased netbacks to $27.49 per boe in Q4 2013 versus $21.50 per boe average in 2012 Reduced operating costs to $4.72 per boe in Q4 2013 (excluding 2012 adjustments relating to third party processing facilities) versus $5.83 per boe average in 2012 Reduced operating costs at its core Edson AB property to approximately $4.00 per boe in Q4 2013 (excluding 2012 adjustments relating to third party…- ✓ Full news archive — U.S., Canada & international coverage
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