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BRIEF-Peyto Exploration & Development Q1 FFO per share C$0.88

Published 2016-05-10, 04:37 p/m
© Reuters.  BRIEF-Peyto Exploration & Development Q1 FFO per share C$0.88
PEY
-

May 10 (Reuters) - Peyto Exploration & Development Corp
PEY.TO :
* Q1 2016 production increased to 609 MMCFE/D from 490
MMCFE/D
* Has elected to hold approximately 10,000 BOE/D of new 2016
production additions offline from April to October
* Received board of director approval to increase pace of
its near term hedging program, up to 85% of forecast volumes
* Peyto earns $42 million in Q1 2016
* Q1 FFO per share C$0.88

Source text for Eikon: ID:nCCN7qnSTl
Further company coverage: PEY.TO

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