Prairie Provident Resources Inc. Announces Production Results for the Fourth Quarter and Full Year of 2018; Provides Production Guidance of the First Quarter of 2019
As a result, fourth quarter of 2018 production volumes averaged 5,937 boe/d, lower than previously anticipated, although company full year production remained within guidance.
For the first quarter of 2019, the company is currently producing approximately 6,300 to 6,400 boe/d, which is expected to increase to approximately 7,000 boe/d as PPR undertakes
continued production optimization, and completion and tie-in of the two Slave Point wells at Evi through first quarter of 2019.