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Monday, 01 December, 2008, 23:50 GMT | more >>

Bumper harvest for Mariner



By Upstream staff 

Houston-based Mariner Energy had a bonanza last year as production climbed 25% versus 2006 levels, coupled with a 19% gain in net profits.

Mariner said net profit jumped $22.4 million from 2006 figures to $143.9 million for full year ending December, while net production rose 19.8 cubic feet of natural gas equivalent to 100.3 Bcfe last year.

The outfit ended the year with total proved reserves of 835.8 Bcfe compared to 715.5 Bcfe in the year ended 2006.


Friday, 22 February, 2008, 07:38 GMT  | last updated: Friday, 22 February, 2008, 09:43 GMT

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