Denver-based Jagged Peak Energy Inc., whose talents are geared to the Permian Basin, said oil volumes jumped 273% in the fourth quarter year/year and climbed 25% sequentially to 24,037 boe/d. However, there’s more growth ahead, management said.
Articles from Jagged
Denver-based Jagged Peak Energy Inc., whose expertise is centered in the Permian Basin, said well delays cut into fourth quarter production results, which should be rectified this year. However, the unexpected decision by CEO Joseph N. Jaggers to step aside in March overshadowed preliminary results.