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BRIEF-Cequence Energy announces qtrly FFO per share $0.03

Published 2017-05-11, 07:36 p/m
© Reuters.  BRIEF-Cequence Energy announces qtrly FFO per share $0.03
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May 11 (Reuters) - Cequence Energy Ltd CQE.TO

* Cequence Energy announces first quarter financial and operating results

* Achieved average quarterly production of 9,101 boe/d, an increase of 6 percent from Q4 2016;

* Qtrly FFO per share $0.03

* Cequence Energy Ltd - 2017 production volumes are expected to increase approximately 4 percent from 2016 to average between 9,000 to 9,200 boe/d

* For 2017, annual capital expenditure program of $29 million has been planned to approximate expected annual funds flow Source text for Eikon: ID:nCNWBb4fDa Further company coverage: CQE.TO

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