11 Dec 2013drilling progress report▲ Good
On December 10, 2013 the company released an operational update saying October and November field production averaged more than 12,500 Boe per day, with Aneth CO2 injection restored after the reduction that lowered third-quarter output. Its first two Permian Midland Basin horizontal wells averaged 823 Boe/d on 24-hour tests and 549 Boe/d over thirty days, and a Powder River Basin horizontal well peaked at 1,134 Boe/d (up from a preliminary 607) and averaged 679 Boe/d over thirty days. A first Delaware Basin horizontal well in Reeves County, Texas has been drilled to depth and is to be fraced early next year.