Warren Resources (WRES) Posts Q2 GAAP Loss of $1.05/Share

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Warren Resources Announces Second Quarter 2015 Financial and Operating Results

August 4, 2015 7:30 AM EDT

LOE has been reduced 22% to $1.40 per Mcfe over the past two quarters G&A has been reduced 18% to $0.41 per Mcfe for the same period Achieved record production at the upper end of guidance Liquidity of $45 million at June 30, 2015 Commenced completion operations on first two Upper Marcellus wells

NEW YORK, Aug. 4, 2015 (GLOBE NEWSWIRE) -- Warren Resources, Inc. (Nasdaq: WRES) today reported its second quarter 2015 financial and operating results, including a net loss of $85.3 million,... More

Warren Resources Announces Second Quarter 2015 Financial and Operating Results

August 4, 2015 7:30 AM EDT

LOE has been reduced 22% to $1.40 per Mcfe over the past two quarters G&A has been reduced 18% to $0.41 per Mcfe for the same period Achieved record production at the upper end of guidance Liquidity of $45 million at June 30, 2015 Commenced completion operations on first two Upper Marcellus wells

NEW YORK, Aug. 4, 2015 (GLOBE NEWSWIRE) -- Warren Resources, Inc. (Nasdaq: WRES) today reported its second quarter 2015 financial and operating results, including a net loss of $85.3 million,... More