Ultra Petroleum (UPL) Misses Q3 EPS by 3c

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Ultra Petroleum Announces Third Quarter 2017 Results, Successful Horizontal Well and Updated Investor Presentation

November 7, 2017 9:15 AM EST

HOUSTON, Nov. 07, 2017 (GLOBE NEWSWIRE) -- Ultra Petroleum Corp. (NASDAQ: UPL) announces financial and operating results for the third quarter of 2017. 

Third Quarter 2017 Financial and Operating Highlights:

Production grew 6% compared to second quarter 2017, with oil and natural gas volumes of 71.1 Bcfe, Successfully drilled and completed a 2-mile horizontal well on the east flank of Pinedale.  Currently flowing at 21 MMcfe/d (10% condensate) and increasing,Posted detailed investor presentation with increased disclosure to website, Maintained cash flow neutrality (operating cash flow(1) less capital expenditures) through the third quarter... More