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BRIEF-Obsidian Energy Announces Qtrly Loss Per Share $0.11

Published 2019-05-10, 06:59 a/m
BRIEF-Obsidian Energy Announces Qtrly Loss Per Share $0.11
OBE
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May 10 (Reuters) - Obsidian Energy Ltd OBE.TO :

* OBSIDIAN ENERGY ANNOUNCES FIRST QUARTER 2019 FINANCIAL AND OPERATIONAL RESULTS

* OBSIDIAN ENERGY LTD - Q1 2019 AVERAGE OIL PRODUCTION OF 16,472 BBL PER DAY

* OBSIDIAN ENERGY LTD - Q1 2019 AVERAGE TOTAL PRODUCTION OF 27,651 BOE PER DAY

* OBSIDIAN ENERGY LTD - QTRLY LOSS PER SHARE $0.11

* OBSIDIAN ENERGY LTD - QTRLY FFO $0.07 PER SHARE

* OBSIDIAN ENERGY LTD - COMPANY HAS NO CURRENCY OR GAS HEDGES CURRENTLY IN PLACE

* OBSIDIAN ENERGY LTD - TOTAL PLANNED CAPITAL OF $120 MILLION FOR 2019 REMAINS UNCHANGED

* OBSIDIAN ENERGY LTD - ALL FIGURES EXPRESSED IN C$

* OBSIDIAN ENERGY LTD - TO SPEND WITHIN FUNDS FLOW FROM OPERATIONS AND SEEK TO DIVEST NON-CORE PROPERTIES, IF THE MARKET CONDITIONS ARE FAVORABLE

* OBSIDIAN ENERGY LTD - IN Q1, COMPANY DRILLED, COMPLETED AND EQUIPPED FIVE CARDIUM WELLS

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