Q2 14 resultshttps://www.marketwired.com/press-release/anderson-energy-announces-2014-second-quarter-results-tsx-axl-1938214.htm Highlights; HIGHLIGHTS •The average initial production rate over the first 30 days for the eight Cardium horizontal wells drilled in the current program was 511 BOED. •The Company made a significant Cardium liquids-rich gas discovery. Based on various industry publications, the two wells drilled into this pool were in the top 10 new producing Cardium gas wells in Alberta in April and May 2014. •Production in the second quarter of 2014 was 3,414 BOED (30% oil, condensate and NGL) compared to 2,958 BOED (39% oil, condensate and NGL) for the first quarter of 2014, a 15% increase over the first quarter BOED production. •Funds from operations were $5.5 million in the second quarter of 2014, unchanged compared to funds from operations of $5.5 million in the first quarter of 2014. •The operating netback was $28.88 per BOE in the second quarter of 2014 compared to $34.51 per BOE in the first quarter of 2014 and $12.35 per BOE in the fourth quarter of 2013 (adjusted for properties sold in the quarter). •Operating expenses were $13.22 per BOE in the second quarter of 2014 compared to $13.28 per BOE in the first quarter of 2014. •The Company's 2014 annual production guidance remains unchanged at 3,200 BOED (36% oil, condensate and NGL). Exit production guidance for 2014 remains unchanged at 3,700 BOED (42% oil, condensate and NGL). •In the second quarter of 2014, the Company undertook an expansion of the 100% owned 05-14-039-05W5 Willesden Green gas plant where the plant capacity was doubled to 10 MMcfd with additional compression. •The Company has commenced its planned 14 well horizontal drilling program in the Willesden Green area, which is expected to be completed by spring breakup 2015. •Since the Company's last report on May 13, 2014, the horizontal drilling inventory has increased 10% to 127 gross (81.3 net) Cardium, Glauconite and Belly River locations. Nice pop in the am....they are executing as planned.