PostRock Energy Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014 and production results for the third quarter ended September 30, 2014. For the quarter, the company reported net income of $5,997,000, net income attributable to common stockholders was $4,376,000 or $0.14 per basic and diluted share on total revenues of $21,299,000 against net loss of $645,000, net loss attributable to common stockholders was $4,429,000 or $0.18 per basic and diluted share on total revenues of $18,614,000 a year ago. Operating loss of $80,000 compared to operating loss of $1,679,000 a year ago. Income before income taxes was $5,997,000 compared to loss before income taxes was $645,000 a year ago. During the quarter, capital expenditures totaled $7,000,000, with $5,800,000 being spent on development. This included $2,000,000 spent on completing two horizontals drilled in the prior quarter and approximately $2,600,000 on drilling two joint venture wells, as well as part of a third horizontal and a vertical well in Central Oklahoma. The remainder was spent on a variety of minor projects. EBITDA was $16,691,000 compared to $7,195,000 a year ago. Adjusted EBITDA was $7,746,000 compared to $6,003,000 a year ago. Revenue was up just over 14% from the prior year quarter, due to an increase in gas prices and increased oil production volumes.

For the nine months, the company reported net cash flows from operating activities were $14,157,000 compared to $8,921,000 a year ago. Expenditures for equipment, development and leasehold were $22,002,000 compared to $43,601,000 a year ago.

For the quarter, the company reported production of total crude oil of 82,480 Bbls compared to 54,439 Bbls a year ago. Total natural gas produced 3,326 MMcf compared to 3,640 MMcf a year ago.