Edition:
United States

Enerplus Estimates 2018 Production Of Between 86,000 TO 91,000 BOE Per Day


Wednesday, 13 Dec 2017 04:50pm EST 

Dec 13 (Reuters) - Enerplus Corp ::ENERPLUS ANNOUNCES 2018 BUDGET OF $535 TO $585 MILLION.ENERPLUS CORP - PROJECTING APPROXIMATELY 10% TOTAL PRODUCTION GROWTH AND 20% LIQUIDS PRODUCTION GROWTH IN 2018.ENERPLUS CORP - ANNUAL 2018 PRODUCTION IS EXPECTED TO AVERAGE BETWEEN 86,000 TO 91,000 BOE PER DAY.ENERPLUS CORP - NORTH DAKOTA PRODUCTION TO GROW BY OVER 30% YEAR-OVER-YEAR IN 2018.ENERPLUS CORP - IN TOTAL THROUGHOUT 2017, ENERPLUS EXPECTS TO HAVE DIVESTED APPROXIMATELY 8,700 BOE PER DAY (70% NATURAL GAS) OF NON-CORE PRODUCTION.ENERPLUS CORP - CRUDE OIL PRODUCTION IS EXPECTED TO GENERATE OVER THREE QUARTERS OF COMPANY'S NET OPERATING INCOME IN 2018.ENERPLUS - 2018 CAPITAL SPENDING,DIVIDENDS TO BE FUNDED WITHIN CASH FLOW AT BETWEEN $50 - $55 PER BARREL WTI OIL & $3.00 PER MCF NYMEX NATURAL GAS.ENERPLUS CORP - CONTINUED TO PROGRESS DIVESTMENT OF MINOR NON-CORE PROPERTIES IN CANADA DURING Q4 OF 2017.ENERPLUS CORP - BY Q4-END, EXPECTS TO DIVEST ABOUT 1,400 BOE/D OF NON-CORE PRODUCTION FROM PROPERTIES IN ALBERTA. 

Company Quote

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22 May 2019