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BRIEF-Paramount Resources Q2 FFO per share $0.19

Published 2015-08-06, 01:09 a/m
© Reuters.  BRIEF-Paramount Resources Q2 FFO per share $0.19

Aug 6 (Reuters) - Paramount Resources Ltd POU.TO :
* Announces second quarter 2015 results; sales volumes increase 107% to 42,604
boe/d; liquids sales volumes increase 320% to 16,877 bbl/d
* Says company's 2015 capital budget remains at $400 million
* Says Q2 sales volumes were 42,604 boe/d, 107 percent higher than the second
quarter of 2014
* Says Q2 liquids sales volumes totaled 16,877 bbl/d, 320 percent higher than
the same period in 2014
* Sales volumes for the remainder of year expected to average about 56,000
boe/d
* Co's kaybob area production volumes anticipated to be impacted by scheduled
maintenance outages in the second half of 2015
* Says netbacks in the second quarter of 2015 were $54.3 million compared to
$53.8 million in the same period in 2014
* Sales volumes averaged about 50,000 boe/d in July 2015 as production
increased following the easing of downstream disruptions
* Says Q2 FFO per share $0.19

* Source text for Eikon ID:nMKWDK1Hba

* Further company coverage POU.TO

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