Ultra Petroleum (UPL) Misses Q2 EPS by 3c

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Ultra Petroleum Announces Second Quarter 2018 Results, Provides Update on Horizontal and Vertical Program

August 9, 2018 9:15 AM EDT

HOUSTON, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Ultra Petroleum Corp. (NASDAQ: UPL) announces financial and operating results for the quarter ended June 30, 2018.

Financial and Operating Highlights:

Second quarter production of 70.9 Bcfe increased 6% compared to second quarter 2017,  Drilled and completed 11 horizontal wells targeting multiple intervals within the Lower Lance formation, Increased intervals within the Lower Lance formation from four to five, with each interval further subdivided into two distinct zones to land horizontals, The six horizontal... More