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BRIEF-Africa Oil Reports Qtrly Net Loss Per Share $0.31

Published 2020-02-25, 09:43 p/m
BRIEF-Africa Oil Reports Qtrly Net Loss Per Share $0.31
AOIC
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Feb 25 (Reuters) - Africa Oil Corp AOI.TO :

* AFRICA OIL ANNOUNCES Q4'19 AND FY'19 FINANCIAL AND OPERATING RESULTS AND 2020 MANAGEMENT GUIDANCE

* AFRICA OIL ANNOUNCES Q4'19 AND FY'19 FINANCIAL AND OPERATING RESULTS AND 2020 MANAGEMENT GUIDANCE

* AFRICA OIL - SEES 2020 ESTIMATE OF AVERAGE DAILY WORKING INTEREST PRODUCTION RANGE OF 30,000-33,000 BARRELS OF OIL EQUIVALENT PER DAY

* QTRLY NET LOSS PER SHARE $0.31

* QTRLY NET LOSS PER SHARE $0.31

* EXPECT THAT MOST OF COMPANY'S 2020 PRODUCTION WILL BE CONTRIBUTED BY ITS 50% SHAREHOLDING IN POGBV

* EXPECT THAT MOST OF COMPANY'S 2020 PRODUCTION WILL BE CONTRIBUTED BY ITS 50% SHAREHOLDING IN POGBV

* SEES 2020 NET ENTITLEMENT PRODUCTION RANGE OF 35,000-38,000 BOE/D, NET TO AOI'S 50% SHAREHOLDING IN POGBV

* SEES 2020 NET ENTITLEMENT PRODUCTION RANGE OF 35,000-38,000 BOE/D, NET TO AOI'S 50% SHAREHOLDING IN POGBV

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