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BRIEF-Eagle Energy Inc reports quarterly FFO per share $0.11

Published 2016-11-03, 10:51 p/m
© Reuters.  BRIEF-Eagle Energy Inc reports quarterly FFO per share $0.11
EGL
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Nov 3 (Reuters) - Eagle Energy Inc EGL.TO

* Eagle Energy Inc. announces third quarter 2016 results

* On track to post FY results at upper end of production guidance range, lower end of current operating cost guidance range

* Forecast our 2016 year-end net debt to reduce to $59 million

* Qtrly FFO per share $0.11

* Qtrly revenue $12.9 million versus $13.4 million

* Sees FY average production 3,400 to 3,800 BOE/D

* Sees FY capital budget $5.0 mm

* Achieved quarterly production of 4,085 barrels of oil equivalent per day Source text for Eikon: ID:nCCNb3pqr Further company coverage: EGL.TO

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