Perpetual’s PDP, 1P reserves, and 2P reserves grew by 9%, -1% and 2% y/y, respectively, to 17.3 mmboe, 42.5 mmboe, and 67.9 mmboe. Corresponding FD&A metrics (including changes in FDC) were $2.83/boe PDP, $3.32 per 1P boe and $2.43 per 2P boe which are clearly low, aided by divestiture activity. F&D’s as reported, however, were still attractive at $7.28/boe 1P & $5.09/boe 2P (including FDC).
07 Feb 2019
Announces 2018 year-end reserves
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Announces 2018 year-end reserves
Perpetual Energy Inc. (PMT:TSE) | 0 0 0.0%
- Published:
07 Feb 2019 -
Author:
Robert Fitzmartyn -
Pages:
6
Perpetual’s PDP, 1P reserves, and 2P reserves grew by 9%, -1% and 2% y/y, respectively, to 17.3 mmboe, 42.5 mmboe, and 67.9 mmboe. Corresponding FD&A metrics (including changes in FDC) were $2.83/boe PDP, $3.32 per 1P boe and $2.43 per 2P boe which are clearly low, aided by divestiture activity. F&D’s as reported, however, were still attractive at $7.28/boe 1P & $5.09/boe 2P (including FDC).