Saratoga Resources, Inc. Announces Resumption of Production After Storm Related Shut-in

Saratoga Resources, Inc. Announces Resumption of Production After Storm Related Shut-in

HOUSTON--(BUSINESS WIRE)-- Saratoga Resources, Inc. (NYSE MKT: SARA; the "Company" or "Saratoga") today announced that full production has been resumed after a brief shut-in caused by Tropical Storm Karen. The Company shut-in production on Friday afternoon, October 4, 2013 when it was determined that the storm was headed towards the southeastern coast of Louisiana. Following weakening of the storm, work began on Sunday, October 6th to bring production back on line and, as of Thursday, October 10th, production has been restored to 97% of pre-storm levels. Although there will be some deferred income as a result of the production shut-in, no damage was suffered to any of the Company's wells, platforms or pipelines.

About Saratoga Resources


Saratoga Resources is an independent exploration and production company with offices in Houston, Texas and Covington, Louisiana. Principal holdings cover 52,033 gross/net acres, mostly held by production, located in the transitional coastline and protected in-bay environment on parish and state leases of south Louisiana and in the shallow Gulf of Mexico Shelf. Most of the company's large drilling inventory has multiple pay objectives that range from as shallow as 1,000 feet to the ultra-deep prospects below 20,000 feet in water depths ranging from less than 10 feet to a maximum of approximately 80 feet. For more information, go to Saratoga's website at www.saratogaresources.com and sign up for regular updates by clicking on the Updates button.



Saratoga Resources, Inc.
Brad Holmes, 713-654-4009
Investor Relations
or
Andrew Clifford, 713-458-1560
President
or
Michael Aldridge, 713-458-1560
CFO
www.saratogaresources.com

KEYWORDS:   United States  North America  Louisiana  Texas

INDUSTRY KEYWORDS:

The article Saratoga Resources, Inc. Announces Resumption of Production After Storm Related Shut-in originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.