Operational Updates
Legacy Talks Q2 Spearfish, Bakken Progress
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Legacy Oil + Gas Inc. has reported results for the quarter ended June 30, 2012.
Accomplishments• Drilled 18 gross (14.5 net) light oil wells in the second quarter of 2012, with a 100 percent success rate
• Increased average production from 10,202 Boe per day in the second quarter of 2011 to 15,075 Boe per day in the second quarter of 2012 (48 percent increase) without acquiring any production; increased crude oil and natural gas liquids weighting of production from 82 percent in the second quarter of 2011 to 85 percent in the second quarter of 2012
• Spearfish average well production results significantly above previous operator results and 2011 independent engineering report type curve due to the Company’s drilling, completion design and production practices
• Turner Valley average…
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