The preliminary average daily oil and condensate production rate for Q3 was approximately 8,600 Bbls/day, a sequential increase of 14% from the record rate reported in the second quarter and exceeding the high end of the Company's oil production guidance of 8,200 Bbls/day. The preliminary average daily natural gas and NGL production rate for the third quarter was approximately 101,500 Mcfe/day (5% NGLs), exceeding the high end of prior guidance of 96,000 Mcfe/day which had been adjusted to reflect the impact of the sale of Barnett Shale gas production to a subsidiary of Atlas Resource Partners, L.P. effective May 1, 2012. Additional detail including a preliminary 2013 production forecast will be provided during the conference call to discuss Q3 results on Nov. 6.
Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace …