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BRIEF-Eagle Energy sees 2017 production guidance of 3,800 to 4,000 barrels of oil equivalent per day
March 13, 2017 / 9:24 PM / 8 months ago

BRIEF-Eagle Energy sees 2017 production guidance of 3,800 to 4,000 barrels of oil equivalent per day

March 13 (Reuters) - Eagle Energy Inc

* Eagle energy inc. Announces increased borrowing capacity under a four year secured term loan, 2017 growth capital budget and guidance, and suspension of dividend

* Eagle energy inc - expects 2017 ending net debt to be $71.2 million

* Eagle energy inc - an increase to borrowing capacity by way of new 4 year secured term loan and 2017 capital budget, production, operating cost guidance

* Sees 2017 production guidance of 3,800 to 4,000 barrels of oil equivalent per day

* Eagle energy inc - sees 2017 capital budget of $22.8 million

* Sees 2017 funds flow from operations of $16.0 million or $0.38 per share

* Eagle energy inc says suspension of its dividend following payment of its february dividend Source text for Eikon: Further company coverage:

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