True plans to post 2008 financial results
True plans to announce its audited 2008 financial results on or about March 12, 2009, certain financial estimates have been made by the company. For full story, click here
Articles Tagged "true"
True continues to tighten its cost structure
True continues to tighten its cost structure in the current economically challenging climate with forecasted cuts of 30% to total operating expenses which includes general and administrative costs (“G&A”) and lease operating costs in 2009. For full story, click here
True hedges 50% of its 2009 natural production
As an added layer of protection of its cash flow forecast, True has hedged approximately 50% of its estimated 2009 natural gas production for the balance of the year at an average fixed price of $6.60 CAD per GJ ($7.25/mcf) and approximately 18% of True’s estimated natural gas production is hedged for the first half [...]
True Energy reports 2008 operating highlights
True Energy Trust announces the results of its 2008 year-end reserves as evaluated by GLJ Petroleum Consultants Ltd. (“GLJ”), the independent reserves evaluator, for 100% of True’s oil and gas properties prepared in accordance with National Instrument 51-101 . For full story, click here
