Evolution Petroleum Corporation Reports Unaudited Production Results for the Third Quarter and Nine Months Ended March 31, 2024
May 07, 2024 at 04:10 pm EDT
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Evolution Petroleum Corporation reported unaudited production results for the third quarter and nine months ended March 31, 2024. For the quarter, the company reported crude oil production of 199 MBBL against 167 MBBL a year ago. Natural gas production was 2,115 MMCF against 2,204 MMCF a year ago. Natural gas liquids production was 104 MBBL against 104 MBBL a year ago. Equivalent production was 656 MBOE against 638 MBOE a year ago. Average daily production was 7,209 BOEPD against 7,089 BOEPD a year ago.
For the nine months, the company reported crude oil production of 519 MBBL against 501 MBBL a year ago. Natural gas production was 6,091 MMCF against 7,065 MMCF a year ago. Natural gas liquids production was 295 MBBL against 325 MBBL a year ago. Equivalent production was 1,829 MBOE against 2,004 MBOE a year ago. Average daily production was 6,651 BOEPD against 7,314 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.