Brief: Perpetual Energy Posts Qtrly Net Loss Per Share Of $0.15

Perpetual Energy

01/08/2020 02:05

July 31 (Reuters) - Perpetual Energy Inc  PMT.TO :
    * . REPORTS SECOND QUARTER 2020 FINANCIAL AND OPERATING
RESULTS
    * QTRLY REALIZED REVENUE WAS $13.15/BOE, 38% LOWER THAN THE
COMPARATIVE PERIOD OF 2019 ($21.26/BOE)
    * PRODUCTION IS FORECAST TO INCREASE IN THE THIRD QUARTER TO
4,500
TO 4,700 BOE/D (32% LIQUIDS)
    * Q4 PRODUCTION IS ANTICIPATED TO INCREASE TO 5,200 TO 5,400
BOE/D
(28% LIQUIDS) WITH THE FULL IMPACT OF THE TWO EAST EDSON WELLS
    * QTRLY PRODUCTION AVERAGED 3,662 BOE/D, DOWN 61% FROM 9,370
BOE/D
IN THE COMPARATIVE PERIOD OF 2019
    * QTRLY NET LOSS PER SHARE $0.15
    * QTRLY ADJUSTED FUNDS FLOW $0.05 PER SHARE

Source text for Eikon:  ID:nCNW3g0C0a 
Further company coverage:  PMT.TO 

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