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BRIEF-Baytex says tightening production guidance range for 2015 to 84,000 to 86,000 boe/d

Published 2015-08-20, 08:19 p/m
© Reuters.  BRIEF-Baytex says tightening production guidance range for 2015 to 84,000 to 86,000 boe/d
BTE
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Aug 20 (Reuters) - Baytex Energy Corp BTE.TO :
* Announces updated guidance for 2015 and enhanced sustainability through a
reduced capital program and suspension of dividend
* Tightening production guidance range for 2015 to 84,000 to 86,000 boe/d
(previously 84,000 to 88,000 boe/d)
* Says expect total exploration and development expenditures for 2015 to
approximate $500 million
* We continue to focus on cost reduction initiatives"
* Says "suspending our monthly cash dividend after the September 15, 2015
payment previously declared"

* Source text for Eikon ID:nMKW2qKVva

* Further company coverage BTE.TO

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