Reports Q3 revenue C$301.4M vs. C$360.4M last year. Produced an average of 83,475 Boe/d, within the third quarter guidance range of 83,000 – 86,000 Boe/d, and consistent with the second quarter production despite unplanned downtime at third-party facilities, which negatively impacted the quarter by approximately 5,000 Boe/d. All impacted production has since been brought back online, with daily production levels in late October reaching record levels above 90,000 Boe/d. It is expected that production will stabilize around this new level throughout much of the fourth quarter.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NUVSF: