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BRIEF-Eclipse Resources reports proved reserves, operational and financial update
February 7, 2017 / 10:01 PM / 8 months ago

BRIEF-Eclipse Resources reports proved reserves, operational and financial update

Feb 7 (Reuters) - Eclipse Resources Corp

* Eclipse Resources reports proved reserves, operational and financial update

* Eclipse Resources Corp - Net production for Q4 2016 averaged 255 MMcfe per day, which was above high end of our previously issued guidance range

* Eclipse Resources Corp - Company’s board of directors established an initial capital budget for full year 2017 of approximately $300 million

* Eclipse Resources- 2017 capital budget expected to be substantially funded through internally generated cash flows and company’s current cash balance

* Eclipse Resources Corp sees Q1 production 260 MMcfe/d - 275 MMcfe/d

* Eclipse Resources Corp sees FY 2017 production in range 305 MMcfe/d - 315 MMcfe/d Source text for Eikon: Further company coverage:

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