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Constellation Energy Partners Reports Second Quarter 2009 Results.

Publication: Wireless News
Publication Date: 13-AUG-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Constellation Energy Partners Reports Second Quarter 2009 Results.(Financial report)

Article Excerpt
Constellation Energy Partners has reported second quarter 2009 results.

In a release on August 10, the company noted it produced 4,242 MMcfe for the second quarter 2009, resulting in Adjusted EBITDA of $17.0 million. During the quarter, the company completed 30 net wells and 1 net recompletion with total capital spending of $6.2 million. The company finished the quarter with one well in progress. Operating expenses, which include lease operating expenses, production taxes and general and administrative expenses, totaled $13.2 million for the quarter.

On a GAAP basis for the second quarter...

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