Oct 27 (Reuters) - Ultra Petroleum Corp UPLMQ.PK :
* Ultra Petroleum reports third quarter 2016 financial and operating results and provides updated business outlook
* Q3 adjusted earnings per share $0.66
* Ultra Petroleum Corp sees 2016 capital budget of $295.0 million
* Ultra Petroleum Corp - production for 2016 is expected to range between 281 - 284 BCFE
* Ultra Petroleum Corp - continued to make progress during quarter in in-court financial restructuring process
* Ultra Petroleum Corp - company and its advisors continue working with company's creditors and other stakeholders to develop a plan of reorganization
* Ultra Petroleum Corp sees 2017 revenue of $$1,016 million
* Ultra Petroleum Corp- Ultra currently projects a zero book tax rate for 2016 and anticipates additional tax refunds during year
* Ultra Petroleum Corp sees 2017 EBITDA $685 million
* Production for Q3 was comprised of 65.2 billion cubic feet of natural gas and 680.1 thousand barrels of oil, condensate Source text for Eikon: ID:nCNWcSPPRa Further company coverage: UPLMQ.PK