Business
Mystique Energy Announces 2006 Third Quarter Results - Year-to-Date Average Production More Than Doubled
Mystique Energy Announces 2006 Third Quarter Results - Year-to-Date Average Production More Than Doubled.
About this update from Abrasilver Resource Corp.
[{"type":"text","content":"\n\n\n\n\nCALGARY, Nov. 29 /CNW/ - Mystique Energy, Inc. (\"Mystique\") (TSXV:MYS)\ntoday reported its financial and operational results for the three month and\nnine month periods ending September 30, 2006. Production sales for the nine\nmonths ending September 30, 2006 averaged 257 barrels of oil equivalent per\nday (\"boepd\")(x), more than double the average production rate of 126 boepd for\nthe same period of 2005. For the third quarter, production sales averaged 285\nboepd an increase of 85 percent over the average production rate of 154 boepd\nfor the third quarter of 2005, and an increase of 23 per cent over the average\nproduction rate of 232 boepd for the second quarter of 2006. Production\naveraged 318 boepd during September 2006 and continues to grow, with present\nproduction over 550 boepd, split approximately 60% gas and 40% light oil and\nnatural gas liquids (NGL's).\nOther financial and operational highlights for the three and the nine\nmonths ending September 30, 2006 include:\n\n>\n\nThe foregoing disclosure is qualified in its entirety by the more\ndetailed information contained in the unaudited financial statements for the\nthree and nine months ended September 30, 2006, including the notes thereto\nand the related MD&A, copies of which will be available for viewing on the\nSEDAR website www.sedar.com.\nBased in Calgary, Mystique is involved in the exploration and\nexploitation of petroleum reserves in western Canada.\n\n>\n\nThe TSX Venture Exchange has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of this release. This news\nrelease may contain forward-looking information. Actual future results\nmay differ materially from those contemplated. The risks, uncertainties,\nand other factors that could influence actual results are described in\ndocuments filed with regulatory authorities.\n\n\n>\n\n%SEDAR: 00001147E\n\n\n","length":12888,"tagName":"div"}]