During the first 3 months of 2014, the Company's average production was 1,252 boe/d and Quattro's cash-flow from operations was
Furthermore, Quattro is pleased to retain the services of
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward- looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's registered filings which are available at www.sedar.com.
This news release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in
Barrel ("bbl") of oil equivalent ("boe") amounts may be misleading particularly if used in isolation. All boe conversions in this report are calculated using a conversion of six thousand cubic feet of natural gas to one equivalent barrel of oil (6 mcf=1 bbl) and is based on an energy conversion method primarily applicable at the burner tip and does not represent a value equivalency at the well head.
Trading in the securities of
FOR FURTHER INFORMATION PLEASE CONTACT:
Quattro Exploration and Production Ltd. Leonard Van BetuwPresident and Chief Executive Officer Office (403) 984-3917 / Direct Line (587) 228-7070 email@example.com Renmark Financial Communications Inc. Laurence A. Lachance: firstname.lastname@example.org Robert Thaemlitz: email@example.com Media - Lynn Butler: firstname.lastname@example.org Tel.: (416) 644-2020 or (514) 939-3989 www.renmarkfinancial.com Source: Quattro Exploration and Production Ltd.