Constellation Energy Partners LLC (NYSE MKT: CEP) today reported results from operations for the third quarter 2013. The company produced 335 MBOE during the third quarter for average net production of 3,642 BOE per day for the quarter. Net oil production for the third quarter, which accounted for approximately 19% of the company’s total production during the quarter, was 690 barrels per day. For the year-to-date ending Sep. 30, 2013, the company produced 978 MBOE for average net production of 3,583 BOE per day. Net oil production for the year-to-date was 564 barrels per day, which is an increase of approximately 84% versus the same nine month period of 2012. Revenue of $12.1 million for the third quarter 2013 includes revenue from sales of $11.8 million, of which approximately 54% was from oil sales and 46% was from natural gas sales. The balance of the company’s third quarter 2013 revenue came from hedge settlements ($3.9 million), services provided to third parties ($0.8 million), and losses on mark-to-market activities ($4.3 million), which is a non-cash item. For the year-to-date, revenue from sales and hedge settlements totaled $41.5 million, which is approximately 6% higher than the same nine month period of 2012. Operating costs, which include lease operating expenses, production taxes and general and administrative expenses, net of certain non-cash items, averaged $26.01 per BOE for the third quarter 2013. For the year-to-date, excluding employee severance charges in the first and second quarters of 2013, operating costs averaged $25.15 per BOE, which is a decline of approximately 1% compared to the same nine month period of 2012. Adjusted EBITDA for the third quarter 2013 was $7.4 million. For the year-to-date, Adjusted EBITDA was $17.4 million, which is a 20% improvement when compared to the same nine month period of 2012. On a GAAP basis, the company recorded a net loss of $3.3 million for the third quarter 2013 and a net loss of $15.5 million for the year-to-date.