Forget earning since they are meaningless for an E&P that uses Successful Efforts accounting. This business is all about production and reserve growth. They are clearly headed to 20,000 boepd by the end of 2013.
Tim, it looks like you are looking at Q1 2013 estimates. Q4 2012 average estimates were 0.37 EPS and $68.57 revenue. So they beat by 2 cents on EPS and 3.46 million in revenue. Both were beats on the average estimates. Hopefully enough to satisfy the street.