Warren Resources (WRES) Tops Q1 EPS by 4c
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Warren Resources Announces First Quarter 2015 Financial and Operating Results
May 7, 2015 7:01 AM EDTSuccessful drilling of two Upper Marcellus wells under budget. Reduced lease operating expenses per Mcfe by 43%. Increased production by 129% to 7.5 Bcfe. Right sized capital spending program to fund within cash flow.
NEW YORK, May 7, 2015 (GLOBE NEWSWIRE) -- Warren Resources, Inc. (Nasdaq: WRES) today reported its first quarter 2015 financial and operating results, including a net loss of $102.3 million, or ($1.26) per basic and diluted share, which includes a non-cash ceiling test write-down of its oil and gas properties totaling $91.4... More
