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Chaparral Energy announces year-end 2013 results and 2014 guidance

Chaparral Energy, Inc. announced year-end 2013 results as well as 2014 guidance. Chaparral anticipates 2013 production to

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Chaparral Energy, Inc.

Chaparral Energy, Inc. announced year-end 2013 results as well as 2014 guidance.

2013 Results

Production – Chaparral anticipates 2013 production to be approximately 9.75 million barrels of oil equivalent.

Adjusted EBITDA – Chaparral expects 2013 adjusted EBITDA to be in the range of $385 to $390 million.

Capital Expenditures – Total capital expenditures for 2013 is expected to be approximately $670 million.

Reserves – Chaparral reported total proved reserves as of December 31, 2013 of 158.5 million barrels of oil equivalent with a PV-10 value of $2.3 billion.

Tags: Chaparral Energy, Inc.