Athlon Energy announced select operational results for the fourth quarter and full-year 2013, an acquisition in the core of the Company’s existing operating areas in the northern Midland Basin, and provided its 2014 outlook.
Production Update:
Athlon’s average daily production volumes for the fourth quarter 2013 increased 69% to 14,689 BOE/D as compared to 8,710 BOE/D produced in the fourth quarter 2012, with oil volumes growing 83% year-over-year. Average daily production volumes for the full-year 2013 increased 73% to 12,213 BOE/D as compared to 7,047 BOE/D produced in the full-year 2012, with oil volumes growing 85% year-over-year.
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Athlon Energy
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