InPlay Provides Production Guidance for the Full Year 2019
August 07, 2019 at 01:00 pm
InPlay provides production guidance for the full year 2019. The company reiterates its 2019 forecasted E&D capital expenditure program of $36 million and given the continued successful well results supports an increase of annual average production guidance to 5,000 – 5,200 boe/d (67% - 70% light oil and liquids) and exit production guidance to 5,500 – 5,700 boe/d (67% - 70% light oil and liquids), generating annual average production growth of between 8% - 12% and exit production growth of between 12% - 16%.