Extraction Oil & Gas (XOG) Tops Q1 EPS by 21c

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Extraction Oil & Gas, Inc. Announces First-Quarter 2017 Results; Exceeds High End of Production Guidance and Reaffirms 2017 Outlook

May 9, 2017 4:01 PM EDT

DENVER, May 09, 2017 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG), an oil and gas exploration and production company with primary assets in the Wattenberg Field in the Denver-Julesburg Basin of Colorado, today reported financial and operational results for the first quarter of 2017.

First-Quarter 2017 Highlights

First quarter average net sales volumes of 33,383 barrels of oil equivalent per day (BOE/d) including 13,454 barrels per day (Bbl/d) of oil. Production volumes exceeded the midpoint of the Companys oil guidance and exceeded the high... More