American Eagle Energy Corporation announces operational update and financial results for the first quarter ended March 31, 2014.
The Company intends to file its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission on or before Thursday, May 15, 2014.
Closed separate transactions to bring the Company's average working interest in the total Spyglass area to 68% and the proved Spyglass area to 67% resulting in a total of 45,600 net acres in the Spyglass area;
Added seven (3.0 net) operated wells to production that included a mix of Bakken and Three Forks wells in central and eastern Spyglass and a step-out well in western Spyglass;
April net production averaged approximately 2,250 barrels of oil equivalent per day ("BOEPD");