Net cash provided by operating activities before changes in operating assets and liabilities was $283.7 million for the first quarter of 2008, up from $142.4 million for the same period in 2007.
The increase in the company’s first quarter comparative financial results was driven primarily by the significant growth in production volumes from the Fayetteville Shale play and higher realized natural gas prices.
The company reported natural gas and crude oil production of 39.1 billion cubic feet equivalent for the first quarter of 2008, up 71% over the same period in 2007.
