DeeThree Exploration Achieved Production of 3,500 boe/d

Oil and Gas Investing

DeeThree Exploration Ltd. (TSX:DTX) has updated on its production levels and 2012 operational guidance.

DeeThree Exploration Ltd. (TSX:DTX) has updated on its production levels and 2012 operational guidance.

As quoted in the press release:

Based on estimates provided by field reports, DeeThree has achieved record production of 3,500boe/d including the added production from its fourth Belly River well previously announced on January 10th, 2012. This represents a 64% increase from third-quarter 2011 average production volumes of 2,135 boe/d of which 36% was crude oil and NGLs.

Click here to read the DeeThree Exploration Ltd. (TSX:DTX) press release. 

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