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Crimson Exploration announces third quarter 2012 financial results

Thursday, Nov 08, 2012

Crimson Exploration Inc. (NasdaqGM:CXPO) today announced financial results for the third quarter and first nine months of 2012 and provides operational update.

Highlights

Revenue of $30.8 million and adjusted EBITDAX of $21.6 million for the quarter

Increased total liquids production to 3,255 barrels per day, a 49% volume increase over the prior year quarter

Achieved crude oil and natural gas liquids production ratio of 50.4% for the quarter

Source: Business Wire

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