- Total production up 22% to 8.1 MBoe/d
- Oil production increases 113% to 250 MBbls
Loose regulations and rejection of the climate agreement bring uncertainty to the sector.
Such unwarranted fears have depressed the sector, which could bounce back after Nov. 8.
Approach Resources (AREX) stock is soaring on Friday afternoon after the company posted a narrower-than-expected loss for the 2015 fourth quarter.