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Enerplus Corp Reaffirms FY 2013 Production Guidance; Comments On Q1 2013 Production Guidance

Friday, 22 Feb 2013 06:00am EST 

Enerplus Corp announced that it expects to grow daily production by approximately 30% for fiscal 2013. The Company expects production to average between 82,000 BOE per day and 85,000 BOE per day in fiscal 2013 with a 50% weighting to crude oil and liquids. This is an expected increase of 2% versus 2012 using the mid-point of this range. Exit production is expected to average between 84,000 BOE per day and 88,000 BOE per day. Given the timing of capital spending and expected downtime for winter weather conditions, the Company expects production volumes during the first quarter will be slightly lower than the fourth quarter of 2012. 

Company Quote

-0.08 -0.80%
26 Dec 2014