Brief: Perpetual Energy Inc Q1 FFO C$0.0 per share

Perpetual Energy

10/05/2016 01:57

May 9 (Reuters) - Perpetual Energy Inc  PMT.TO :  
    * Estimates that expenses will exceed revenues for remainder 
of 2016 resulting in negative funds flow of $10 to $15 million 
    * Q1 average production was 18,378 BOE/D, down 19 percent 
compared to Q1 of 2015 
    * Sees fy total oil and liquids production averaging close 
to 1,700 BBL/D and natural gas sales averaging approximately 84 
MMCF/D 
    * Reductions in all areas of spending, including operating, 
financing and administrative costs, will continue in 2016 
    * Q1 eps C$0.70 
    * Q1 ffo C$0.0 per share 
    * Perpetual Energy Inc releases first quarter 2016 financial 
and operating results 
 
    Source text for Eikon:  urn:newsml:reuters.com:*:nCNWRYfHca 
    Further company coverage:  PMT.TO  
 
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