DeeThree Exploration Ltd. announced operating results for the fourth quarter of 2014. The company had an average production of 12,700 boe/d for the fourth quarter of 2014. The company achieved its exit guidance for 2014 averaging 13,000 boe/d in the month of December 2014.

The company provided operating and capital expenditure guidance for the year 2015. The company's board of directors has approved a 2015 capital budget of up to $160 million. The budget targets average 2015 production of approximately 13,300 boe/d which represents 18% year over year growth, while maintaining financial strength.