Brief: Pine Cliff Energy Ltd Announces 2018 Guidance

Pine Cliff Energy

13/02/2018 01:31

Feb 12 (Reuters) - Pine Cliff Energy Ltd  PNE.TO : 
    * ANNOUNCES 2018 GUIDANCE, COMMODITY RISK MANAGEMENT AND 
2017 
YEAR-END RESERVES 
    * BOARD OF DIRECTORS HAS APPROVED A 2018 CAPITAL BUDGET OF 
$10.4 
MILLION 
    * PINE CLIFF IS BUDGETING 2018 ANNUAL PRODUCTION VOLUMES TO 
RANGE 
FROM 20,000 - 20,500 BOE PER DAY 
    * PINE CLIFF EXITED 2017 WITH PRODUCTION OF APPROXIMATELY 
21,340 
BOE PER DAY 
 
Source text for Eikon:  ID:nGNX23ksRz  
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