Vero Energy Raises 2012 Production Forecast

Vero Energy Inc

lifted its 2012 production outlook. Vero Energy lifted its production forecast to 2,500 barrels of oil equivalent per day (boed) to 2,700 boed, versus its prior forecast of 2,300 boed to 2,500 boed. It also lifted its exit production view to 3,000 boed to 3,300 boed, versus 2,800 boed to 3,100 boed. Vero Energy shares closed at $2.3909 yesterday.