Evolution Petroleum Corporation Reports Unaudited Production Results for the Fourth Quarter and Year Ended June 30, 2023
September 12, 2023 at 04:10 pm EDT
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Evolution Petroleum Corporation reported unaudited production results for the fourth quarter and year ended June 30, 2023. For the quarter, the company reported crude oil production of 158 MBBL against 172 MBBL a year ago. Natural gas was 2,044 MMCF against 2,413 MMCF a year ago. Natural gas liquids were 91 MBBL against 104 MBBL a year ago. Equivalent was 590 MBOE against 678 MBOE a year ago. Average daily production was 6,484
BOEPD against 7,451 BOEPD a year ago.
For the year, the company reported crude oil production of 659 MBBL against 619 MBBL a year ago. Natural gas was 9,109 MMCF against 7,141 MMCF a year ago. Natural gas liquids were 416 MBBL against 364 MBBL a year ago. Equivalent was 2,593 MBOE against 2,173 MBOE a year ago. Average daily production was 7,104 BOEPD against 5,953 BOEPD a year ago.
Evolution Petroleum Corporation is an independent energy company. The Company is focused on ownership of and investment in onshore oil and natural gas properties in the United States. Its oil and natural gas properties consist of non-operated interests in the non-operated interests in the Jonah Field in Sublette County, Wyoming, a natural gas producing field; non-operated interests in the Williston Basin in North Dakota, a producing oil and natural gas property; non-operated interests in the Barnett Shale located in North Texas, a natural gas producing property; non-operated interests in the Hamilton Dome Field located in Hot Springs County, Wyoming, a secondary recovery field utilizing water injection wells to pressurize the reservoir; non-operated interests in the Delhi Holt-Bryant Unit in the Delhi Field in Northeast Louisiana, a CO2 enhanced oil recovery (EOR) project; and small overriding royalty interests in four onshore central Texas wells.