Reuters logo
BRIEF-Pacific Exploration says targeting 2017 net exit production between 80,000-85,000 BOE/D
March 16, 2017 / 1:05 AM / 6 months ago

BRIEF-Pacific Exploration says targeting 2017 net exit production between 80,000-85,000 BOE/D

March 15 (Reuters) - Pacific Exploration And Production Corp

* Pacific provides first quarter 2017 operational update and 2017 outlook & guidance

* Pacific exploration and production- targeting 2017 net exit production between 80,000 to 85,000 boe/d

* Pacific exploration and production- exploration & development capital expenditures expected to be $325 to $375 million

* Pacific exploration and production- production increasing faster than we expected in first two months of 2017

* Pacific exploration and production- net production for q1 of 2017 is expected to be in range of 72,000 to 75,000 boe/d

* Pacific exploration and production- 2017 drilling and production plan is consistent with expectations

* Pacific exploration and production- has agreed to sell certain interests in caguan-putumayo basin to amerisur resources for cash proceeds of $4.85 million Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below