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BRIEF-Canacol Energy announces 2016 year end results posting $135.5 mln of EBITDAX

Published 2017-03-27, 06:37 p/m
© Reuters.  BRIEF-Canacol Energy announces 2016 year end results posting $135.5 mln of EBITDAX
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March 27 (Reuters) - Canacol Energy Ltd CNE.TO

* Canacol Energy Ltd. announces 2016 year end results posting $135.5 million of EBITDAX

* Canacol Energy - Average daily production volumes increased 96% to 17,728 boepd for 3 months ended Dec 31, 2016 compared to 9,064 boepd for same period in 2015

* Qtrly earnings per share $0.12

* Canacol Energy Ltd - Petroleum and natural gas revenues for three months ended December 31, 2016 increased 141% to $42 million

* Qtrly adjusted funds from operations $0.24 per share

* Canacol Energy-Realized contractual sales volumes increased 96% to 18,310 boepd for three months ended Dec 31, 2016 versus 9,359 boepd last year Source text for Eikon: ID:nCCN7ZNdPr Further company coverage: CNE.TO

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