New management is definitely living up to expectation/promise.
The Company’s oil production for the period was 50,309 barrels (average of 547 barrels of oil per day (“bopd”)) net to Range, which is a 23% increase from the previous quarter. The exit production rate for 2016 exceeded 800 bopd, a 40% increase from the exit rate for 2015.
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- Ann: Quarterly Activities Report, Appendix 5B
Ann: Quarterly Activities Report, Appendix 5B, page-2
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