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Ultra Petroleum reported its preliminary Q3 2018 production expectations as well as announced the relocation of the company's HQ.
Third Quarter 2018 Production Above Mid-Point of Guidance
During the third quarter of 2018, the Company's production averaged 734 MMcfe/d, which is above the mid-point of guidance. Production volumes include 63.8 billion cubic feet of natural gas and 624.2 thousand barrels of oil and condensate.
Relocation of Company Headquarters to Denver
Earlier this month, Ultra completed its relocation of its headquarters from Houston, Texas to Englewood, Colorado, a suburb of Denver. Ultra now has 71 employees based in Colorado and 84 employees in Wyoming.
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