Osage Exploration and Development, Inc. Reports Earnings and Operating Results for the First Quarter Ended March 31, 2014
For the quarter, the company reported production of 37,063 barrels of oil equivalent, 123% higher than the period ended March 31, 2013. Osage's oil production during the quarter, net of royalties, was 22,330 BBLs, an increase of 10,170 BBLs, or 83.6%, over the three months ended March 31, 2013. The company's natural gas production was 77,627,000 cubic feet for the quarter, 192.2% over the same period in 2013.