Marquee Energy Ltd. provided production guidance for the fourth quarter 2014 and earnings and production guidance for the first half 2015. The company estimates fourth quarter production of approximately 5,250 boe/d and 2014 average production of 4,860 boe/d based on field estimates, which is a 120% increase over 2013 production of 2,196 boe/d.

Cash flow for the first half of 2015 is estimated at $13.1 million with capital spending limited to $5.6 million, with a view to use excess cash flow to organically reduce debt. The capital program includes the drilling of two strategic wells, one at Michichi and one at Lloydminster, as well as some necessary facility infrastructure expenses. First half production is expected to average 5,300 boe/d, in line with fourth quarter 2014 production.