MIE Holdings Corporation Announces Operating Results for the First Half of 2016; Provides Operating Guidance for the Full Year 2016
August 05, 2016 at 06:55 pm IST
MIE Holdings Corporation reported operational results for the first half of 2016. For the period, average daily operated production was 18,915 barrels of oil equivalent/day against 21,299 barrels of oil equivalent/day a year ago. Average daily net production was 10,331 barrels of oil equivalent/day against 11,369 barrels of oil equivalent/day a year ago. Average daily net oil production was 9,369 barrels/day against 10,357 barrels /day a year ago. Average daily net gas production was 5,768 Mcf/day against 6,075 Mcf/day a year ago.
For 2016, the company expects average daily net oil production of 9,24010,540 barrels /day and average daily net gas production of 6,1007,100 Mcf/day.