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Argent Energy Trust Reaffirms Q1, FY 2013 Production Guidance


Tuesday, 5 Mar 2013 08:00am EST 

Argent Energy Trust announced that for the first quarter of 2013, it expects production of approximately 5,200 boe /d (63% oil, 6% NGL and 31% natural gas) including 1,400 boe /d (64% oil, 14% NGLs and 22% natural gas) from the Wapiti Assets. For fiscal 2013, it expects average production rate of approximately 5,500-5,600 boe per day (65% oil, 7% NGLs, and 28% natural gas) which includes relatively flat, low-decline, stable production from both the EQ and Wapiti Assets and production growth that will continue to come from Austin Chalk and Eagle Ford development. 

Company Quote

0.65
-0.03 -4.41%
24 Dec 2014