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Emerald Sees Success at McKenzie Lease; Talks 2013
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Emerald Oil Inc. has reported record oil production for the fourth quarter ended December 31, 2012. Emerald plans to file its annual report on Form 10-K with the U.S. Securities and Exchange Commission by Monday, March 18, or earlier.
Fourth Quarter 2012 Highlights Emerald has successfully drilled 3 operated Bakken wells to date in McKenzie County, North Dakota, that are scheduled to begin fracture stimulation by the end of March 2013; Record quarterly oil production of 110,144 barrels of oil equivalent (BOE), or an average of 1,197 barrels of oil equivalent per day (BOEPD). Fourth quarter production was up 23% from 89,383 BOE (972 BOEPD) in the previous quarter ended September 30, 2012; Record quarterly oil and natural gas sales of $9,156,654 (94% of which is attributable to the sale of…- ✓ Full news archive — U.S., Canada & international coverage
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