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Company News

BRIEF-Spartan Energy Corp Announces 2018 Corporate Budget and Guidance

Jan 11 (Reuters) - Spartan Energy Corp:

* ANNOUNCES 2018 CORPORATE BUDGET AND GUIDANCE

* FOR 2018, SPARTAN’S BOARD OF DIRECTORS HAS APPROVED A TOTAL DEVELOPMENT CAPITAL BUDGET OF $183 MILLION

* EXPECT TO GENERATE FUNDS FLOW FROM OPERATIONS OF APPROXIMATELY $267 MILLION IN 2018

* SEES 2018 AVERAGE PRODUCTION 23,400 BOE/D

* - SEES 2018 BASIC FFO PER SHARE $1.51 Source text for Eikon: Further company coverage:

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