945 % increase in PEYWow , the forth quarter was amazing:
highlights:
Fourth Quarter Review
Production for the fourth quarter increased fourteen fold to 1,307 boe per day from 86 boe per day during the same period in 1999. Peyto produced 9.6 mmcf of natural gas and 348 barrels of oil and natural gas liquids per day. Cash flow and earnings increased to $5,947,267 ($0.17 per share) and $2,946,594 ($0.09 per share) respectively. Product prices averaged $9.16 per mcf of gas and $43.92 per barrel of oil and natural gas liquids with associated operating costs of $3.81 per boe. The field netback was up 341% to $56.63 per boe. Capital spending totaled $19,820,642 for the quarter.