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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