Eagle Energy Inc. provided earnings and production guidance for the year 2016. The 2016 capital budget of CAD 5.0 million consists of USD 3.0 million for Eagle's operations in the United States and CAD 0.8 million for Eagle's operations in Canada. 2016 funds flow from operations is expected to be approximately CAD 11.1 million. The 2016 production is expected to consist of 87% crude oil, 10% natural gas and 3% natural gas liquids NGLs) and includes both working interest production and royalty interest production. The company expects average production of 3,600 boe/d (the mid-point of the guidance range).