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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Octagon Capital Corp.

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Parallel Energy Trust Issues Q3 2013 Production Guidance; Raises FY 2013 Production Guidance

Tuesday, 1 Oct 2013 08:00am EDT 

Parallel Energy Trust announced that for third quarter of 2013, it expects production would have been consistent with its second quarter production rate of 7,459 boe/day. As a result of the Trust's improved annual decline rate and operational performance, Parallel is increasing its fiscal 2013 exit rate production target from 7,100 boe/day to 7,300 boe/day. 

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