RedWater Reports H113 Production Increases
News: Canada ' s RedWater Energy has posted its operational results for H113, recording average production of 208 barrels of oil equivalent (boe) per day, a 41% increase on H212, Scandinavian Oil-Gas Magazine reports. The company ' s average oil production for the period was 112 barrels per day, an 8% rise on the latter part of 2012. Netbacks increased to US$20.79 per boe compared to US$15.68 in the late 2012. RedWater attributed the production increases to its acquisition of the Redwater and Westlock assets.