Jan 7 (Reuters) - Petrus Resources Ltd PRQ.TO :
* PETRUS RESOURCES ANNOUNCES OPERATIONS UPDATE AND 2019 OUTLOOK
* BOARD OF DIRECTORS HAS APPROVED A Q1 2019 CAPITAL BUDGET OF $8 TO $10 MILLION
* Q1 CAPITAL BUDGET IS EXPECTED TO BE FUNDED WITHIN ESTIMATED Q1 2019 FUNDS FLOW
* PETRUS RESOURCES- ESTIMATES 2019 CAPITAL PLAN WILL MAINTAIN PRODUCTION YOY, INCREASE OIL AND TOTAL LIQUIDS WEIGHTING,WILL REDUCE DEBT THROUGHOUT YEAR
* IN Q1 OF 2019, EXPECT TO GENERATE FUNDS FLOW BETWEEN $10 MILLION AND $11 MILLION