Data points (some numbers rounded):
- Production overall increased by 80% year-over-year; 10% better than previous quarter
- Production in Williston Basin increased by 90% y-o-y; 10% better than previous quarter
- Average realized price for crude oil was $93.86 per barrel, which included a $3.15 per barrel cash loss due to crude oil derivative contracts
- Net income: 60 cents vs 16 cents
I think folks would find it hard to believe is BEXP and others could maintain this level of activity, increasing production 80% year-over-year for another year, but ...
A separate stand-alone post for update on BEXP operations follows. Why put all the good stuff in one post?
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