Daily production averaged 180.5 Mmcfe per day during the first nine months of the year before increasing to approximately 185 Mmcfe per day in October and November. December was the first month in which the Company reached full production rates from its recent exploratory wells in south Louisiana, which brought the average for that month to approximately 197 Mmcfe per day.
Results reflect increased oil and natural gas prices, and a lower average level of outstanding debt.
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