Crocotta Energy Reports 2011 Production Rate of 6,500 boepd

Crocotta Energy Inc. (TSX:CTA) reported significant drilling results from Edson and Dawson and provided update of its 2011 production.

As quoted in the press release:

Crocotta achieved a 2011 exit production rate of approximately 6,500 boepd (34% oil and liquids) exceeding both original guidance of 4,500 boepd and the October revised guidance of 5,500-6,100 boepd.

Click here to read the Crocotta Energy Inc. (TSX:CTA) press release.