Brief: Persta Resources Says In 2019, Strong Winter Pricing Was Offset By Weak Summer Pricing

JX Energy

16/09/2019 02:39

Sept 16 (Reuters) - Persta Resources Inc  3395.HK :
    * IN 2019, STRONG WINTER PRICING WAS OFFSET BY WEAK SUMMER
PRICING, BASED ON CURRENT FORECASTS SPOT PRICE EXPECTED TO
AVERAGE C$1.58/GJ
    * IN RESPONSE, NEW WELL DRILLING AND DEVELOPMENT IN WESTERN
CANADA
WAS CURTAILED OVER PAST 18-MTHS, & GAS MARKET STARTING TO
REBALANCE

Source text for Eikon:  ID:nHKS3hywJT 
Further company coverage:  3395.HK 

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