Warren Resources (WRES) Tops Q4 EPS by 1c

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Warren Resources Announces Fourth Quarter and Full-Year 2014 Financial and Operating Results

March 11, 2015 7:30 AM EDT

FY14 Record Total Revenue of approximately $151 Million, a 17% increase FY14 Record EBITDA of approximately $90 million, a 15% increase FY14 Record Production of 22.8 Bcfe, a 77% increase FY14 Lease Operating Expenses and Taxes per Mcfe Declines 26%

NEW YORK, March 11, 2015 (GLOBE NEWSWIRE) -- Warren Resources, Inc. (Nasdaq: WRES) today reported its fourth quarter and full-year 2014 financial and operating results.

In announcing the results, Lance Peterson, Interim Chief Executive Officer, commented, "2014 was a transformational year for Warren, with strong growth in... More