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BRIEF-Gear Energy announces operations update and 2017 budget
December 13, 2016 / 9:38 PM / 9 months ago

BRIEF-Gear Energy announces operations update and 2017 budget

Dec 13 (Reuters) - Gear Energy Ltd

* Gear Energy Ltd - Q4 production is now expected to be approximately 6,000 boe per day

* Gear Energy Ltd- 2017 capital budget of $45 million

* Gear Energy Ltd - Extended maturity date of credit facilities from May 31, 2017 to may 31, 2018 and confirmed an unchanged borrowing base of $50 million

* Sees FY 2017 annual production 6,400 boe per day

* Gear Energy Ltd. announces operations update and 2017 budget Source text for Eikon: Further company coverage:

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