HALIFAX, NOVA SCOTIA–(Marketwired – Oct. 11, 2017) – Corridor Resources Inc. (TSX:CDH) (“Corridor” or the “Company”) announced today it has finalized its production optimization strategy for the period from November 1, 2017 to March 31, 2018. Accordingly, the Company wishes to provide an update of its operating and financial guidance to the end of March 2018.
Natural Gas Production Optimization Strategy
Since 2015, Corridor has employed a production optimization strategy by shutting-in all or a portion of its natural gas production during the warmer weather months, i.e. when natural gas prices at the Algonquin city-gates market (“AGT”) typically trade at … Continue Reading