Equal Energy (EQU -4.5%) concludes its strategic review process, which the company says has...

|About: Equal Energy Ltd. (EQU)|By:, SA News Editor

Equal Energy (EQU -4.5%) concludes its strategic review process, which the company says has resulted in $129M in asset sales and a reduction in net debt from $149M to an estimated $23M. EQU also releases details of its 2013 operating and capital budget, which includes estimated cash flow of $33M and a $36M capex budget.