MIE Holdings Corporation reported operating results for the first quarter ended March 31, 2014. For the quarter, crude oil average daily operated production was 26,309 barrels against $25,722 barrels a year ago. Crude oil average daily net production was 15,647 barrels against 13,364 barrels a year ago. Natural gas average daily operated production was 6,586 MCF against 5,553 MCF a year ago. Natural gas average daily net production was 6,480 MCF against 5,373 a year ago. Total wells drilled were 56 against 44 a year ago. 232

For the full year of fiscal 2014, the company expects crude oil average daily net production of 15,300 barrels to 16,300 barrels, natural gas average daily net production of 6,400 MCF to 7,400 MCF and total drilled wells of 232.