Perpetual Energy Inc. provided consolidated production guidance for the first quarter and full year 2022. Total company average production is expected to exceed 6,500 boe/d (18% oil and NGL) for the first quarter of 2022.

Average production is forecast to grow 20% to 25% from 2021 levels to 6,500 boe/d to 6,750 boe/d in 2022, with oil and NGL representing approximately 20% of the production mix.