Synergy Resources (SYRG) Offers Prelim. Q4 Results

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Go back to Synergy Resources (SYRG) Offers Prelim. Q4 Results

Synergy Resources Issues Preliminary Fourth Quarter and Year-End Financial Results

February 7, 2017 8:01 AM EST

DENVER, CO -- (Marketwired) -- 02/07/17 -- Synergy Resources Corporation (NYSE MKT: SYRG) ("Synergy" or the "Company"), an oil and gas exploration and production company focused in the Denver-Julesburg Basin, today issues its preliminary fourth quarter and year-end December 31, 2016 financial results.

Highlights

Production sales volumes for three and twelve months ended December 31, 2016 were 13,269 BOE/day (58% oil) and 11,670 BOE/day (53% oil), respectivelyDrilling and completion capital expenditures for three and twelve months ended December 31, 2016 were $47.7 million and $130.9 million, respectivelyLiquidity of $178 million is composed... More