An average daily production increase of 31% during the year helped the company turn over a profit of $10,577, up from a loss of $686,799 in 2012.
Sabine chief executive David Sambrooks said this was an “exceptional” year for the company where production helped the bottom line.
“Excluding the Cleveland Sand asset which we sold at year-end, we completed a total of 35 wells in 2013, and achieved an overall average of 1,590 barrels of oil equivalent per day,” he said.
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