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Angle Energy Expects 20% Surge In 2012 Production

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Courtesy of Benzinga.

Angle Energy Inc (OTC: ANGZF) projects a 20% rise in its 2012 production. It also expects funds from operations to surge 15%.

Angle Energy projects 2012 output of 15,500 to 16,000 barrels of oil equivalent per day. It expects funds from operations of C$105 to C$110 million.

Angle Energy shares closed at $5.8770 on Friday.

(c) 2011 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.


For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.

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