Impact: Positive. The transaction rids the Company of negative cash flow production within the context of an undercapitalized asset currently along with a reduction to the corporate asset retirement obligations. 2017e cash flow should increase by ~$10 mm, all else equal.
27 Sep 2016
ANNOUNCES STRATEGIC DISPOSITION OF EASTERN ALBERTA SHALLOW GAS PROPERTIES
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ANNOUNCES STRATEGIC DISPOSITION OF EASTERN ALBERTA SHALLOW GAS PROPERTIES
Perpetual Energy Inc. (PMT:TSE) | 0 0 0.0%
- Published:
27 Sep 2016 -
Author:
FirstEnergy Research Team -
Pages:
3
Impact: Positive. The transaction rids the Company of negative cash flow production within the context of an undercapitalized asset currently along with a reduction to the corporate asset retirement obligations. 2017e cash flow should increase by ~$10 mm, all else equal.