Emerald Oil (EOX) Misses Q4 EPS by 1c

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Emerald Oil Reports Fourth Quarter and Year End 2014 Financial and Operational Results

March 10, 2015 4:30 PM EDT

DENVER, CO -- (Marketwired) -- 03/10/15 -- Emerald Oil, Inc. (NYSE MKT: EOX) ("Emerald" or the "Company") today announced financial and operational results for the quarter and year ended December 31, 2014.

Highlights

Increased fourth quarter production to 377,250 BOE, an average of approximately 4,101 BOEPD, an increase of 7% compared to the third quarter of 2014 and 71% compared to the fourth quarter of 2013;Increased annual production to 1,295,230 BOE, an average of 3,549 BOEPD, an increase of 110% compared to 2013;Increased total proved reserves to 26.3... More