Emerald Oil (EOX) Misses Q1 EPS by 3c
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Emerald Oil Reports First Quarter 2015 Financial and Operational Results; Re-Determined Borrowing Base and Amendment to Credit Facility
May 4, 2015 4:30 PM EDTDENVER, CO -- (Marketwired) -- 05/04/15 -- Emerald Oil, Inc. (NYSE MKT: EOX) ("Emerald" or the "Company") today announced financial and operational results for the quarter ended March 31, 2015.
Highlights
First quarter production of 424,318 BOE increased 88% as compared to 225,905 BOE in the first quarter of 2014. Daily production averaged 4,715 BOEPD, 14% above the midpoint and 10% above the high end of Emerald's first quarter 2015 guidance range;Completed semi-annual borrowing base redetermination resulting in an elected... More