11:45 AM EST - Trilogy Energy Corp. : Provided an update on its fourth-quarter 2016 operations, report on its current hedging program and provide annual guidance for 2017. Trilogy's 2016 annual production averaged approximately 21,800 Boe/d, with an exit rate in December 2016 of approximately 23,800 Boe/d. Trilogy is estimating net capital expenditures of approximately $72.8 million for 2016, which includes $29.7 million in the fourth quarter 2016. Trilogy's Board of Directors approved a 2017 capital budget of $130 million. Management expects the capital program to be funded entirely out of funds flow from operations. Trilogy Energy Corp.
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