Reports Q2 revenue $142.8M vs. $140.8M last year. The company states: “Production for the second quarter of 2024 was 34.9 MBoe/d, at the midpoint of the Company’s second quarter guidance and virtually flat compared with 35.1 MBoe/d for the first quarter of 2024 and 37.0 MBoe/d for the corresponding period in 2023. Second quarter 2024 production was comprised of 15.2 thousand barrels per day (“MBbl/d”) of oil (44%), 3.7 MBbl/d of natural gas liquids (“NGLs”) (11%), and 96.4 million cubic feet per day (“MMcf/d”) of natural gas (45%). Production in the second quarter of 2024 was negatively impacted by the Company’s primary Mobile Bay processing plant getting shut-in by the third-party operator to perform a turnaround.”
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