Maverick Drilling & Exploration Limited reported capital expenditure and production results for the quarter ended December 2013. Capital spending for the quarter on oil and gas asset developmental totalled $10.9 million. Expenditure on production activities in the quarter totalled $1.5 million.

The company reported gross production for the quarter averaged 1,499 BOPD. This represents a 10% increase over the September 2013 quarter gross production. Drilled 27 Blue Ridge wells, with 21 put online and now producing, and the balance plugged as being uneconomic.