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BRIEF-Gear Energy Ltd - Production For H1 2019 Is Forecast To Remain Relatively Stable, Averaging Approximately 7,300 - 7,500 BOE Per Day Through Q1 And Q2

Published 2019-01-14, 04:24 p/m
Updated 2019-01-14, 04:30 p/m
© Reuters. BRIEF-Gear Energy Ltd - Production For H1 2019 Is Forecast To Remain Relatively Stable, Averaging Approximately 7,300 - 7,500 BOE Per Day Through Q1 And Q2

© Reuters. BRIEF-Gear Energy Ltd - Production For H1 2019 Is Forecast To Remain Relatively Stable, Averaging Approximately 7,300 - 7,500 BOE Per Day Through Q1 And Q2

Gear Energy Ltd GXE.TO :

* GEAR ENERGY LTD. PROVIDES FIRST HALF 2019 CAPITAL GUIDANCE

* GEAR ENERGY LTD - PRODUCTION FOR H1 2019 IS FORECAST TO REMAIN RELATIVELY STABLE, AVERAGING APPROXIMATELY 7,300 - 7,500 BOE PER DAY THROUGH Q1 AND Q2

* GEAR ENERGY - SEES PLANNED H1 $10 MILLION CAPITAL BUDGET WILL REQUIRE ONLY 40 TO 50 PERCENT OF ESTIMATED FUNDS FROM OPERATIONS OVER SAME PERIOD

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