Brief: Perpetual Energy Says Qtrly Adjusted Funds Flow of $0.13 per Share

Perpetual Energy

03/08/2018 02:22

Aug 2 (Reuters) - Perpetual Energy Inc  PMT.TO :
    * . RELEASES SECOND QUARTER 2018 FINANCIAL AND OPERATING
RESULTS
    * PRODUCTION AVERAGED 10,620 BOE/D IN THE SECOND QUARTER OF
2018,
UP 15% FROM THE COMPARABLE PERIOD IN 2017
    * QTRLY  ADJUSTED FUNDS FLOW IN Q2 OF 2018 WAS $0.13/SHARE
    * SAYS PRODUCTION AVERAGED 10,620 BOE/D IN Q2 OF 2018, UP
15% FROM
COMPARABLE PERIOD IN 2017
    * PRODUCTION FOR 2018 IS EXPECTED TO BE 10,500 BOE/D TO
11,000
BOE/D, CONSISTENT WITH PREVIOUS GUIDANCE
    * CASH COSTS OF $14.00 TO $15.00/BOE ARE ANTICIPATED FOR
2018,
CONSISTENT WITH PREVIOUS GUIDANCE
    * ADJUSTED FUNDS FLOW FOR 2018 IS ANTICIPATED TO BE IN $26
TO $30
MILLION RANGE, UP SLIGHTLY FROM PREVIOUS GUIDANCE OF $25 TO $28
MILLION
    * ADJUSTED FUNDS FLOW FOR 2018 IS ANTICIPATED TO BE IN THE
$26 TO
$30 MILLION RANGE
    * SAYS CAPITAL SPENDING DURING REMAINDER OF 2018 WILL BE
FUNDED
THROUGH ADJUSTED FUNDS FLOW

Source text for Eikon:  ID:nCNWrPl1Ra 
Further company coverage:  PMT.TO 

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