Operational Updates
EnerJex Hits 88% Production Increase Via Mississippian, Cherokee Projects
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EnerJex Resources, Inc. has reported financial and operational for the quarter ended September 30, 2012.
• Highlights for the third quarter include the following:
• Production of 26,038 barrels of oil, an 88% increase adjusted for asset sales.
• Completion of drilling 4 new oil development wells and 1 new secondary recovery water injection wells in EnerJex's Mississippian Project located in Southeast Kansas with a 100% success rate.
• Completion of drilling 17 new oil development wells and 12 new secondary recovery water injection wells in the Company's Cherokee Project located in Eastern Kansas with a 100% success rate.
ProductionProduction volumes during the three months ended September 30, 2012 were 26,038 barrels of oil compared to 19,724 barrels of oil during the three months ended…
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