Transeuro Energy's Output Temporarily Reduced By Processing Plant Shut-In

Dec. 05, 2012 1:16 PM ET
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Transeuro Energy (CVE:TSU) said gas production from its Beaver River field in Canada averaged 26.074mln cubic metres per day in November.

Production at the shale gas asset in November was reduced due to temporary throughput restrictions at the Fort Nelson processing plant.

There was a seven day shut-in, after which production resumed at a constrained rate of around 25,000 cubic metres per day.

Production in September had averaged 51,350 cubic metres per day.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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