Crimson Exploration

Global Hunter is out with its report today on Crimson Exploration (NASDAQ: CXPO), raising its PT from $6.20 to $6.52. In a note to clients, Global Hunter writes, "Crimson Exploration reported strong 1Q11 results on impressive production growth that exceeded the high end of company guidance and our...

Crimson Exploration (NASDAQ: CXPO) is expecting to report results in mid-August about its Haynesville/Bossier well in East Texas, and has indicated a better position for exploiting its asset base. 2Q production of 30.1 MMcfe/d was within company guidance of 30-34, but below Pritchard's 31.7 MMcfe/d...