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Osage Exploration And Development Details 1Q Financial Results

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May 19, 2014

On May 16, Osage Exploration and Development Inc. (OTC: OEDV) detailed its first-quarter 2014 financial results. The quarter ended March 31, the company said.

Revenues from operations increased 117.6% from first-quarter 2013, the company said. They were $2.6 million during first-quarter 2014, up from $1.2 million, the company added.

Oil sales were about $2.1 million, an 80.9% increase from first-quarter 2013’s roughly $1 million, Osage said. Natural gas sales were $504,598, a 19.1% increase from first-quarter 2013’s $124,033, the company added.

“We are pleased with our operational and financial results ...

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