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BRIEF-Petrus Resources Announces Q1 2020 Capital Budget Of $9.0 Million

Published 2020-01-14, 07:29 a/m
BRIEF-Petrus Resources Announces Q1 2020 Capital Budget Of $9.0 Million
PRQ
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Jan 14 (Reuters) - Petrus Resources Ltd PRQ.TO :

* PETRUS RESOURCES ANNOUNCES FIRST QUARTER CAPITAL BUDGET AND OUTLOOK FOR 2020

* PETRUS RESOURCES LTD - BOARD APPROVED A Q1 2020 CAPITAL BUDGET OF $9.0 MILLION

* PETRUS RESOURCES - WILL CONTINUE TO MONITOR CANADIAN COMMODITY PRICE ENVIRONMENT, WILL EVALUATE SUBSEQUENT QUARTER CAPITAL SPENDING AS YEAR PROGRESSES

* PETRUS RESOURCES - EXPECTS IT WILL DRILL MAJORITY OF ITS ANTICIPATED 2020 CAPITAL PLAN FROM EXISTING SURFACE LEASES

* PETRUS RESOURCES LTD - ANTICIPATES THAT 2020 CAPITAL PLAN WILL BE FUNDED BY FUNDS FLOW

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