Operational Updates | Capital Markets | Private Equity Activity
EV Energy Partners Spotlights Barnett Shale Ops
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EV Energy Partners, L.P. has reported results for the third quarter 2012.
Mark Houser, President and CEO, said, "We are very pleased with our Barnett Shale operations and continue to see production growth through the drill bit while effectively managing our per unit operating costs throughout the rest of the business. Our major focus this quarter however, has been and will continue to be on managing our Utica Shale acreage monetization process."
Third Quarter 2012 ResultsAdjusted EBITDAX for the quarter was $67.3 million, a 29 percent increase over the third quarter of 2011 and a 2 percent increase versus the second quarter of 2012. Distributable Cash Flow for the quarter was $35.3 million, a 15 percent increase over the third quarter of 2011 and a 2 percent increase versus the second…
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