October 27, 2016 / 12:02 PM / in a year

BRIEF-Ultra Petroleum Q3 adjusted earnings per share $0.66

Oct 27 (Reuters) - Ultra Petroleum Corp :

* Ultra Petroleum reports third quarter 2016 financial and operating results and provides updated business outlook

* Q3 adjusted earnings per share $0.66

* Ultra Petroleum Corp sees 2016 capital budget of $295.0 million

* Ultra Petroleum Corp - production for 2016 is expected to range between 281 - 284 BCFE

* Ultra Petroleum Corp - continued to make progress during quarter in in-court financial restructuring process

* Ultra Petroleum Corp - company and its advisors continue working with company’s creditors and other stakeholders to develop a plan of reorganization

* Ultra Petroleum Corp sees 2017 revenue of $$1,016 million

* Ultra Petroleum Corp- Ultra currently projects a zero book tax rate for 2016 and anticipates additional tax refunds during year

* Ultra Petroleum Corp sees 2017 EBITDA $685 million

* Production for Q3 was comprised of 65.2 billion cubic feet of natural gas and 680.1 thousand barrels of oil, condensate Source text for Eikon: Further company coverage:

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