Seaview Energy Inc. Releases Financial and Operating Results

- November 23rd, 2011

Seaview Energy Inc. (TSXV:CVU.A) reported its financial and operational results for the three and nine months ended September 30, 2011.

Seaview Energy Inc. (TSXV:CVU.A) reported its financial and operational results for the three and nine months ended September 30, 2011.

As quoted in the press release:

FINANCIAL AND OPERATIONS OVERVIEW OF THIRD QUARTER 2011

  • Average production for Q3 2011 was down 17% to 2,263 boe per day compared to Q2 2011 volumes of 2,739 boe per day;
  • Production declines over Q3-2011 compared to Q2-2011 are primarily due to flush production and declines from the Company’s Wapiti Cardium horizontal wells tied-in during early Q2-2011. In addition, the Sinclair property disposition reduced Q3-2011 volumes by 66 boe/d over the quarter;

Click here to read the Seaview Energy Inc. (TSXV:CVU.A) press release.

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