Cinch Energy Corp. (TSE:CNH) provides the update of its operations.
The press release is quoted as saying:
With a strong balance sheet Cinch is positioned for an active 2011 focusing on liquids rich gas and oil projects. As the Montney gas is expected to be on stream in the first quarter, production volumes are expected to increase to over 4,000 boe/d. Results from current activities at Lator, Kakwa and Dawson are needed to develop finalized plans for the balance of 2011. It is expected that capital spending, production and cash flow guidance for full year 2011 will be provided in March 2011.