Brief: Corridor Resources Provides Update On Operations In New Brunswick

Headwater Exploration

19/12/2018 13:54

Dec 19 (Reuters) - Corridor Resources Inc  CDH.TO :
    * CORRIDOR PROVIDES UPDATE ON ITS OPERATIONS IN NEW
BRUNSWICK
    * RESUMED A PORTION OF ITS NATURAL GAS PRODUCTION AT MCCULLY
FIELD, WHICH PRODUCTION HAD BEEN SHUT-IN SINCE MAY 2018
    * NOW EXPECTING AN INCREASE OF $1.0 MILLION IN CASH FLOW
FROM
OPERATIONS FOR WINTER OF 2018/2019 OVER ITS PREVIOUS FORECAST
    * NOW EXPECTING AN ESTIMATED WORKING CAPITAL BALANCE AS OF
MARCH
31, 2019 OF $63.4 MILLION

Source text for Eikon:  ID:nGNXxsRvg 
Further company coverage:  CDH.TO 

 ((Reuters.Briefs@thomsonreuters.com;))