EP ENERGY CORPORATION (NYSE:EPE) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition
press release announcing its financial and operating results for
the fourth quarter and year ended December 31, 2016 and year-end
2016 proved reserves. The Company will hold a webcast conference
call on March 2, 2017 to discuss those results. A copy of the
Companys press release is furnished as Exhibit 99.1 to this
Current Report on Form 8-K and incorporated into this Item 2.02
by reference.
operational outlook for future periods and information regarding
its 2017 capital budget based on current expectations. A copy of
the Companys press release is furnished as Exhibit 99.1 to this
Current Report on Form 8-K and incorporated into this Item 7.01
by reference.
Exhibit
No.
|
Description
|
|
99.1
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Press release dated March 1, 2017 announcing financial
and operating results for the fourth quarter and year ended December 31, 2016, including year-end 2016 proved reserves and 2017 outlook. |
About EP ENERGY CORPORATION (NYSE:EPE)
EP Energy Corporation (EP Energy) is an independent exploration and production company. The Company is engaged in the acquisition and development of unconventional onshore oil and natural gas properties in the United States. The Company operates through a diverse base of producing assets and are focused on creating value through the development of its drilling inventory located in four areas: the Eagle Ford Shale (South Texas), the Wolfcamp Shale (Permian Basin in West Texas), the Altamont Field in the Uinta Basin (Northeastern Utah) and the Haynesville Shale (North Louisiana). In its operating areas, it has identified approximately 5,710 drilling locations (including over 860 drilling locations to which it has attributed proved undeveloped reserves). The Company has proved reserves of approximately 546.0 million barrels of oil equivalent (MMBoe) and it has an average net daily production of over 109,680 barrel of oil equivalent per day (Boe/d). EP ENERGY CORPORATION (NYSE:EPE) Recent Trading Information
EP ENERGY CORPORATION (NYSE:EPE) closed its last trading session up +0.08 at 4.80 with 1,516,371 shares trading hands.