09:55 AM EST - Crocotta Energy Inc. : announced that current production is estimated to be 8,200 boepd (67% gas; 33% light oil and natural gas liquids). Crocotta is currently drilling at Edson and projects it will have an additional 2 (1.0 net) cardium wells and 1 (1.0 net) Bluesky wells on production by mid-December and, based on type curves, will exceed its exit target of 8,500 boepd with an approximate $90 million in 2012 capital expenditures. Crocotta Energy Inc.
shares T.CTA are trading down $0.05 at $2.90.
