Brief: Perpetual Energy Inc Says Adjusted Funds Flow In Q1 Of 2018 $0.15/Share

Perpetual Energy

08/05/2018 13:14

May 8 (Reuters) - Perpetual Energy Inc  PMT.TO :
    * PERPETUAL ENERGY INC. RELEASES FIRST QUARTER 2018
FINANCIAL AND
OPERATING RESULTS
    * PERPETUAL ENERGY INC - ADJUSTED FUNDS FLOW IN Q1 OF 2018
$0.15/SHARE
    * PERPETUAL ENERGY INC - PRODUCTION AVERAGED 12,742 BOE/D IN
Q1 OF
2018, UP 8% OVER Q4 OF 2017
    * PERPETUAL ENERGY INC - TOTAL PRODUCTION AND OPERATING
EXPENSES
WERE $4.8 MILLION FOR Q1 OF 2018
    * PERPETUAL ENERGY INC - LOWERED ITS 2018 CAPITAL
EXPENDITURE
GUIDANCE TO $21 MILLION TO 25 MILLION
    * PERPETUAL ENERGY INC SAYS PRODUCTION FOR 2018 IS EXPECTED
TO BE
10,500 BOE/D TO 11,000 BOE/D, DOWN FROM PRIOR GUIDANCE OF 11,500
BOE/D
    * PERPETUAL ENERGY INC - CAPITAL SPENDING DURING REMAINDER
OF 2018
WILL BE FUNDED THROUGH ADJUSTED FUNDS FLOW
    * PERPETUAL ENERGY INC - ADJUSTED FUNDS FLOW FOR 2018 IS
FORECAST
TO BE IN $25 MILLION TO $28 MILLION RANGE

Source text for Eikon:  ID:nCNWZsPza 
Further company coverage:  PMT.TO 

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