Q2 output rose 20%
The Ubika Energy 20 (UE20) index rose 3.7% in the July 11, 2016 to August 22, 2016 period, which slightly underperformed the performance of the price of oil (WTI) and TSX Capped Energy Index. BlackPearl Resources Inc. (TSE:PXX) was the top-performing component company during the past five weeks, surging 22% after reporting a 20% increase in its second-quarter production.
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