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DeeThree Bumps Production with Strong Growth in Belly River

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DeeThree Bumps Production with Strong Growth in Belly River

DeeThree Exploration Ltd. has released an operational update and its financial and operational results for the quarter ended June 30, 2014.

Highlights:

Financial and operational highlights for the interim period ended June 30, 2014 with comparative data for 2013 are set out below and should be read in conjunction with the financial statements and related management's discussion and analysis.

Increased average production of 10,744 boe/d (80% oil and NGLs and 20% natural gas), an increase of 63% over the same quarter of 2013 and a 15% increase over the first quarter of 2014. Increased average oil and NGL production of 8,583 bbls/day, an increase of 75% or 3,687 bbls/day over the same quarter of 2013 and a 17% or 1,275 bbls/day increase over the first quarter of 2014. Increased operating…
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