share_log

Epsilon Energy Net Revenue Interest Total Production 9.0 Bcfe For The Year Ended December 31, 2023; Average Realized Price Of $2.34 Per Mcfe Down 62% YoY

Benzinga ·  Mar 21 15:11

Net revenue interest (NRI) total production of 9.0 Bcfe (24.6 MMcfe per day) for the year ended December 31, 2023.

  • 8.3 Bcf net revenue interest (NRI) natural gas production, a decrease of 12% compared to 2022
  • 65.3 MBbls net revenue interest (NRI) oil production, an increase of 103% compared to 2022
  • 38.9 MBbls net revenue interest (NRI) natural gas liquids production, a decrease of 12% compared to 2022

Average realized price of $2.34 per Mcfe excluding hedges ($2.70 per Mcfe including hedges) for the year ended December 31, 2023, a decrease of 62% compared to 2022.

  • Average realized price of $1.78 per Mcf for natural gas excluding hedges ($2.17 including hedges), a decrease of 70% compared to 2022
  • Average realized price of $77.96 per Bbl for oil, a decrease of 21% compared to 2022
  • Average realized price of $25.29 per Bbl for natural gas liquids, a decrease of 36% compared to 2022
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment