Brief: Perpetual Energy reports Q3 average production of 10,330 boe/d

Perpetual Energy

07/11/2017 13:00

Nov 7 (Reuters) - Perpetual Energy Inc  PMT.TO  
    * Perpetual Energy Inc releases positive third quarter 2017 
financial and operating results 
    * Perpetual Energy Inc qtrly average production of 10,330 
boe/d 
versus 14.1 boe/d 
    * Perpetual Energy Inc - qtrly oil and natural gas liquid 
("NGL") 
production averaged 1,711 bbl/d, virtually flat to q2 
    * Says adjusted funds flow reached $8.2 million 
($0.14/share) in 
Q3 
    * Continues to expect to exit 2017 at a production rate 
approaching 13,000 boe/d (85% natural gas) 
    * Perpetual Energy Inc - sees 2017 total capital spending 
plan of 
$73 to $78 million, expects to exit 2017 at production rate 
approaching 13,000 boe/d 
    * Says perpetual forecasts 2017 adjusted funds flow of 
approximately $28 million to $32 million 
    * Says annual production in 2018 is anticipated to increase 
by 
approximately 30% over 2017 
    * Perpetual energy inc - Q3 average production of 10,330 
boe/d 
 
Source text for Eikon:  ID:nPn6dPTHBa  
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