Let me know if anyone else found it difficult to find earnings/share in the press release. Net income of 65 cents/share in 2011 vs 14 cents in 2010.
Proved reserves, which is most important single data point, all things being equal: increased 200% (some numbers rounded) to almost 50 million bbls of crude oil equivalent
- More than doubled (120%) production 2011 over 2010; 20% increase qoq in 4Q11
- Average sales price of crude oil in 2011: $86 (realized price: $76)
- Average sales price of crude oil in 2010: $68 (realized price: $66)
This was most notable, similar to what other Bakken companies are experiencing, increased expenses:
- Production expenses per boe, 2011: $6.77
- Production expenses per boe, 2010: $3.70
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