PetroShale Inc. reported operating results for the fourth quarter and full year ended December 31, 2019. For the fourth quarter, the company reported production of averaging 12,173 Boe/d compared to 6,014 Boe/d a year ago.

For the full year of 2019, the company reported production of averaging 8,680 Boe/d compared to 5,630 Boe/d a year ago.

The company forecast 2020 annual volumes expected to average between 11,000 to 12,000 Boe/d.