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News Breaks | | | | February 6, 2013 | | 09:26 EDT |  | WRES | Warren Resources reports Q4 oil, gas production 580K BOE
Oil production for Q4 totaled 273,000 net barrels, or an average of 2,966 BOPD. This represents an 11% increase from the 247,000 net barrels of oil produced in the fourth quarter of 2011. The Company produced 1.8 Bcf net of natural gas in 4Q12, compared to 1.3 Bcf net of natural gas in 4Q11. | |
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News For WRES From The Last 14 Days Check below for free stories on WRES the last two weeks. |
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| May 20, 2013 | | 11:52 EDT | | WRES | Warren Resources drilling 25 new CBM wells
Warren Resources announced that it is increasing its 2013 capital expenditure budget by $15M to $73M. The increase in planned capital expenditures is due to a decision to drill 25 new coalbed methane, CBM, wells in the Spyglass Hill Unit in the Washakie Basin, which is a sub-basin of the Greater Green River Basin, Wyoming. The additional wells are expected to be placed into sales in the latter part of 2013; therefore, Warren is not updating its full-year gas production guidance at this time. | |
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