Brief: Hammerhead Energy Inc. Announces Increased 2023 Production Guidance

Hammerhead Energy

06/09/2023 11:28

Sept 6 (Reuters) - Hammerhead Energy Inc  HHRS.TO :
    * HAMMERHEAD ENERGY INC. ANNOUNCES INCREASED 2023 PRODUCTION
GUIDANCE
    * HAMMERHEAD ENERGY INC- ANNOUNCE INCREASED 2023 ANNUAL
AVERAGE
PRODUCTION GUIDANCE OF 41,500 BOE/D FROM PREVIOUS ESTIMATE OF
40,200 BOE/D.
    * HAMMERHEAD ENERGY INC- IS REDUCING ITS CAPITAL
EXPENDITURES
GUIDANCE IN 2023 TO $500 MILLION
    * HAMMERHEAD ENERGY-UPDATED 2023 PRODUCTION GUIDANCE
CONTINUES TO
ASSUME NEW SOUTH KARR 5-11 NINE-WELL PAD DOES NOT COMMENCE
PRODUCTION UNTIL JAN 2024
    * HAMMERHEAD ENERGY INC- 2023 CRUDE OIL PRODUCTION IS
ESTIMATED TO
BE 35% OF PRODUCTION FROM A PRIOR ESTIMATE OF 33%

Source text for Eikon:  ID:nGNX1KYSGz 
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