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Wednesday, May 4, 2011

BEXP Doubles Production Year-Over-Year

The first line of BEXP's 1Q11 earnings report:
Our average daily production volumes for the first quarter 2011 were 11,314 barrels of crude oil equivalent (boe) per day, up 109% from the first quarter 2010 and down 1% from the fourth quarter 2010.
Apparently BEXP managed to muddle through the terrifically bad weather in January and February. Smile. Doubled their production. Impressive, to say the least.

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