Yoho Releases 1Q Financial, Production Results
February 27, 2013
Yoho Resources Inc. (TSXV: YO) announces fiscal Q1 2013 financial and operating results and provides operational update.
Highlights
Yoho's production averaged 2,075 barrels of oil equivalent per day during fiscal Q1 2013. With recent drilling success at Kaybob, Yoho has an incremental 1,500 barrels of oil equivalent per day of production scheduled to come onstream in March 2013.
Yoho generated funds from operations for fiscal Q1 2013 of C $2.9 million (C $0.06 per share basic and diluted).Field netbacks for the company's Duvernay wells were C $39.61 per barrels of ...
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