Oasis Petroleum reported Q4 earnings after the market close on Tuesday. Highlights from the earnings conference call held today...
-- company grew from two rigs at the end of 2009 to six rigs at the end of 2010...another rig due in the Williston Basin around the end of this month for a total of six rigs in the west and one rig in the east.
-- as of March 1 the company has 21 operated wells in the west and 12 operated wells in the east on production from the latest drilling program that started in late 2009
-- company grew production to 7511 Boes in the fourth quarter and ended the year with reserves of 39.8 MMBoes
http://seekingalpha.com/article/257371-oasis-petroleum-ceo-discusses-q4-2010-results-earnings-call-transcript?source=yahoo
-- company grew from two rigs at the end of 2009 to six rigs at the end of 2010...another rig due in the Williston Basin around the end of this month for a total of six rigs in the west and one rig in the east.
-- as of March 1 the company has 21 operated wells in the west and 12 operated wells in the east on production from the latest drilling program that started in late 2009
-- company grew production to 7511 Boes in the fourth quarter and ended the year with reserves of 39.8 MMBoes
http://seekingalpha.com/article/257371-oasis-petroleum-ceo-discusses-q4-2010-results-earnings-call-transcript?source=yahoo
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