Oil and Gas

Perpetual Energy Inc. (TSX:PMT) reported its 2011 third quarter financial and operating results for the three and nine months ended September 30, 2011.

Perpetual Energy Inc. (TSX:PMT) reported its 2011 third quarter financial and operating results for the three and nine months ended September 30, 2011.

As quoted in the press release:

While Perpetual’s funds flow continues to be challenged by extremely weak natural gas prices related to high gas storage levels and concerns about new supply, the Corporation continues to have success on the diversification of its production base towards more oil and liquids-rich natural gas production in the Wilrich at Edson and its Mannville heavy oil program in east central Alberta.

Click here to read the Perpetual Energy Inc. (TSX:PMT) press release

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