Canadian oil and natural gas exploration and production company Open Range Energy announced a net income of C$1.07 million for the fourth quarter ended December 31, 2008 when compared to a net loss of C$344,678 for the same period of 2007. For full story, click here
Gastar Exploration Ltd. announced its financial and operational results for the three months and full year ended December 31, 2008. The company reported that there has been a 29% increase in natural gas production to 23.3 MMcfe per day for full-year 2008, compared to 18.1 MMcfe per day in 2007. For full story, click here
RAM Energy Resources, Inc. unveiled its fourth quarter and year ended December 31, 2008 earnings and operating results. RAM’s realized price for natural gas liquids also declined 56 percent to $26.32, compared to $59.37 per barrel in the last quarter of 2007. For full story, click here
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