May 3 (Reuters) - Blackpearl Resources Inc PXX.TO
* Blackpearl announces first quarter 2017 financial and operating results
* Qtrly production averaged 10,753 barrels of oil equivalent (boe) per day
* Planning to spend between $185 and $190 million on capital projects, down from our initial guidance of $200 million
* Blackpearl Resources Inc FY funds flow from operations is expected to be between $55 and $60 million
* Qtrly earnings per share $0.02
* Blackpearl Resources Inc - anticipate oil and gas production to average between 10,000 and 11,000 boe/d in 2017, unchanged from initial guidance
* Target for initial steam injection for second phase is mid-2018
* Oil production will be impacted during q2 as a result of a facility turnaround and inspection in may
* Blackpearl Resources Inc qtrly oil and gas revenue - gross of $37.2 million versus $13 million Source text for Eikon: Further company coverage: PXX.TO