Saratoga Resources has reported that its current production has eclipsed prior highs, reaching in excess of 4,200 barrels of oil equivalent per day (BOEPD) net to the Company.
Production rates continued to trend upward during 2011 and through the first quarter of 2012 with the completion of wells and performance of deferred maintenance to bring shut-in production back on line. The increase in production level reflects successful improvements to the Company's infrastructure with added compression and improved water handling capacity and re-routing of production to Breton Sound 32 field. The production increase is also due to successful new pool discoveries during 2011 and to our ongoing recompletion and workover program.
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Saratoga Resources
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