Brief: Perpetual Energy qtrly earnings per share $0.39

Perpetual Energy

15/03/2017 12:00

March 15 (Reuters) - Perpetual Energy Inc  PMT.TO : 
    * Perpetual Energy Inc. Releases fourth quarter and year-end 
2016 financial and operating results 
    * Perpetual Energy qtrly oil and natural gas revenue c$17.9 
million versus c$33.0 million 
    * Perpetual Energy qtrly earnings per share $0.39 
    * Perpetual Energy qtrly average production total 8,118 
boe/d versus 19,661 boe/d 
    * Perpetual Energy - in q1 of 2017, company will spend close 
to $26 million 
    * Perpetual Energy- based on total capital spending plan in 
2017 of $67 million, co expects to exit 2017 at production rate 
of 13,000 to 13,500 boe/d in december 2017 
    * Perpetual Energy Inc - forecasts 2017 adjusted funds flow 
of approximately $40 million ($0.68 per share) 
    * Perpetual Energy - company estimates year-end 2017 total 
net debt of approximately $80 million 
    * Perpetual Energy -capital spending in 2017 will be funded 
with  adjusted funds flow,proceeds from financing transactions 
closed on March 14, 2017 
 
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