Ironhorse Expects More Oil Production Next Year

摘要

Ironhorse Oil & Gas Inc. had a rough second quarter during which cash flow fell below $1 million from nearly $3 million a year earlier, but it expects to get a production boost next year when its two Pembina, Alberta wells come onstream. The wells will also bring more oil into the company's production mix as it only produced 17 bbls of crude per day in the three months ended June 30,2009.