Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

BRIEF-Bankers Petroleum Q3 revenue $72 million

Published 2015-11-06, 07:13 a/m
© Reuters.  BRIEF-Bankers Petroleum Q3 revenue $72 million
BNK
-

Nov 6 (Reuters) - Bankers Petroleum Ltd BNK.TO :
* Announces 2015 third quarter financial and operational results
* Q3 revenue $72 million versus I/B/E/S view $80.1 million
* Average oil production for three months ended September 30, 2015 was 19,600
barrels of oil per day (bopd) versus 20,050 bopd in previous quarter
* Says for the third quarter of 2015, funds generated from operations were $42
million, US$0.16 per share
* Production Q4 to date is 18,300 bopd, down from the third quarter average of
19,600 bopd due to temporary interruptions
* Says Bankers anticipates exiting the year with an 18,500 to 19,000 bopd
production rate
* In Q3, co saw evidence of corrosion of lateral liner in 3 polymer producer
wells, limiting production from these wells by 450 bopd

* Source text for Eikon ID:

* Further company coverage BNK.TO

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.