Bakken Resources, Inc. Announces Operating and Earnings Results for the Second Quarter Ended June 30, 2015
Overall production volume for the quarter ended June 30, 2015 was slightly down for oil and slightly up for natural gas compared to the first two quarters of 2014. Average oil and natural gas prices decreased in 2015 compared to highs from fiscal year 2014, which ranged from $97 to $48 per barrel. As unit prices fell, so did production in general, which further decreased revenues.