Anderson Energy Ltd. (TSX:AXL) has produced 6,825 BOED in its second quarter of 2012.
Anderson Energy Ltd. (TSX:AXL) has produced 6,825 BOED in its second quarter of 2012.
As quoted in the press release:
HIGHLIGHTS
Funds from operations in the second quarter of 2012 were $7.6 million. Production in the second quarter of 2012 was 6,825 BOED. Funds from operations for the first half of 2012 were $18.2 million.
Anderson Energy’s President & Chief Executive Officer, Brian H. Dau said:
Anderson is encouraged that natural gas pricing has recently strengthened in response to a reduction in North American gas directed drilling activity, as well as a warmer than normal United States summer resulting in higher electrical generation demand. Natural gas storage is still higher than average for this time of year and, as a result, shoulder season pricing could soften.
Click here to read the Anderson Energy Ltd. (TSX:AXL) press release.
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1926.08 | +0.30 | |
| Silver | 23.93 | +0.01 | |
| Copper | 4.28 | +0.05 | |
| Palladium | 1713.17 | 0.00 | |
| Platinum | 1087.26 | 0.00 | |
| Oil | 81.69 | +1.36 | |
| Heating Oil | 3.35 | +0.07 | |
| Natural Gas | 3.13 | -0.14 | |