Petro-Reef Resources Q3 financial results
Petro-Reef Resources Ltd. released company’s Q3 – 2009 financial statements and management discussion and analysis.
The press release is quoted as saying:
Petro-Reef announced significant exploration drilling success subsequent to the quarter end. Petro-Reef achieved 100% drilling success with the three wells it drilled. Based on test information from the wells, Petro-Reef anticipates adding approximately 500 boe/d of production, including 125 bbls/d of crude oil by year end, increasing production to approximately 1,250 – 1,300 boe/d, including over 200 bbls/d of crude oil production.
Click here to access the entire press release
Click here to access Petro-Reef Resources Corporate Site
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Thu, Nov 26, 2009
Post by Mike Rodger, Oil Reporter