Marquee Energy Ltd. is pleased to announce record production which currently exceeds 5,600 boe/d. The company expects an additional 250 boe/d to come on after completing a pump re-configuration on two of its recently drilled wells at Michichi. Given Marquee’s continued drilling success, the Company estimates fourth quarter production of approximately 5,250 boe/d and 2014 average production of 4,860 boe/d based on field estimates, which is a 120% increase over 2013 production of 2,196 boe/d.
Marquee Energy Ltd meets 2014 exit production target and announces first half 2015 capital budget and guidance
January 20, 2015