Upstream
Perpetual Deepens Its Net Loss For Q4; Company To Drill Six Wells In Alberta In Q1 2015
Perpetual Energy Inc. saw a net loss of $18.27 million in the fourth quarter of 2014, which was 33 per cent deeper into the red than during the same timeframe one year prior, and includes an estimated $21.4 million net-impairment loss on Birchwavy assets — the result of decreased crude oil and natural gas forecast prices.
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