Seaview Energy Inc. Releases Financial and Operating Results
Investing News Network - 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. 