January 30, 2018 / 9:41 PM / 3 months ago

BRIEF-SRC Energy Issues Preliminary Fourth Quarter 2017 Results

Jan 30 (Reuters) - Src Energy Inc:

* SRC ENERGY ISSUES PRELIMINARY FOURTH QUARTER 2017 RESULTS; OPERATIONS UPDATE; INITIAL 2018 GUIDANCE; FOURTH QUARTER 2017 EARNINGS AND CONFERENCE CALL DATES

* SRC ENERGY INC - ‍EXPECTS FULL YEAR 2018 PRODUCTION TO BE BETWEEN 48,000 BOE/D AND 52,000 BOE/D WITH OIL MAKING UP 47% - 50% OF PRODUCTION​

* SRC ENERGY INC - ‍PACE OF COMPLETION ACTIVITY IS ANTICIPATED TO BE SKEWED TOWARDS LATTER HALF OF 2018​

* SRC ENERGY INC - ‍TOTAL DRILLING AND COMPLETION CAPITAL EXPENDITURES ARE PROJECTED TO BE BETWEEN $480 MILLION AND $540 MILLION FOR 2018​

* SRC ENERGY INC - FULL YEAR 2018 TOTAL DRILLING AND COMPLETION CAPITAL EXPENDITURES ARE PROJECTED TO BE BETWEEN $480 MILLION AND $540 MILLION​ Source text for Eikon: Further company coverage:

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