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News Breaks
November 6, 2009
07:17 EDTBEXP
theflyonthewall.com: Brigham Exploration anticipates Q4 results
Brigham Exploration anticipates Q4 production volumes to average between 4,700-5,200 barrels of oil equivalent per day. Oil volumes will comprise approximately 54% of total production volumes. For the Q4 lease operating expenses are projected to be $9.24 per Boe based on the mid-point of production guidance. Approximately $2.10 of the aforementioned lease operating expense relates to workovers on two of conventional gas wells. Production taxes are projected to be approximately 8.25 to 8.75% of pre-hedge oil and natural gas revenues, and general and administrative expenses are projected to be $2.55M ($5.72 per Boe). :theflyonthewall.com



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