Angle Announces 2011 Third Quarter Results

- November 2nd, 2011

Angle Energy Inc. (TSX:NGL) reported its operating results for the third quarter for three and nine months ended September 30, 2011.

Angle Energy Inc. (TSX:NGL) reported its operating results for the third quarter for three and nine months ended September 30, 2011.

As quoted in the press release:

COMPANY HIGHLIGHTS

  • Current field production is 15,200 boe/d, a new record corporate level, with an additional 1,500 boe/d of tested volumes to be tied-in.
  • Production of 13,993 boe/d (57% gas and 43% light oil and natural gas liquids) increased by 8% quarter over quarter, with a differential increase in our light oil and natural gas liquids of 11%. Production has increased by 40% as compared to the third quarter of 2010.
  • Total light crude oil and condensate production increased 23% to 1,977 bbls/d, with total light oil and natural gas liquids production increasing by 67% to reach 6,075 bbls/d, all as compared to the third quarter of 2010.

Click here to read the Angle Energy Inc. (TSX:NGL) press release

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