More liquids Validating my April posting, and anther one before that in which I note rising NGL & Oil production, PRQ now clearly states that it is strategy.
In its June 27 MAU, PRQ confirms it's looking to further increase liquids production.
"Given the recent decline in Canadian natural gas prices, the Petrus team has been focusing on evaluating and implementing initiatives that will increase liquids production. This includes strategic processing arrangements with midstream partners and adjustments to operated facilities to achieve higher NGL recovery rates. We are also pursuing opportunities that leverage our operated infrastructure to generate additional cash flow through third party transportation and processing revenue."