Operational Updates
Trilogy Energy Completes Kaybob Montney Oil Infrastructure
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Trilogy Energy Corp. , is pleased to announce its financial and operating results for the three and six months-ended June 30, 2012.
FINANCIAL AND OPERATING HIGHLIGHTS
Reported sales volumes for the second quarter of 2012 averaged 34,585 Boe/d compared to 31,012 Boe/d for the previous quarter, representing a 12 percent increase over the sales volumes for the prior quarter. Oil sales volumes increased 22 percent quarter-over-quarter (255 percent year-to-date 2012 over year-to-date 2011). Combined oil and natural gas liquids sales volumes increased to 40 percent of total sales volumes. Oil and natural gas liquids sales represented 79 percent of total sales revenue (before hedges), up from 76 percent in the prior quarter. Operating expenses on a per boe basis decreased by 10 percent…- ✓ Full news archive — U.S., Canada & international coverage
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