New Source Energy Partners L.P. Reports Unaudited Consolidated Earnings and Production Results for the First Quarter Ended March 31, 2015; Announces Impairment of Oil and Natural Gas Properties for the First Quarter Ended March 31, 2015
For the quarter, the company's average net daily production was 3,889 Boe/d compared to 4,566 Boe/d a year ago. Total crude oil production was 37,561 Bbls compared to 40,681 Bbls a year a year ago. Natural gas production was 736,758 Mcf compared to 988,216 Mcf a year a year ago. Natural gas liquids production was 189,689 Bbls compared to 205,583 Bbls a year a year ago.
For the first quarter, the company recorded impairment of oil and natural gas properties of $43,119,000.