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BRIEF-Obsidian Energy Ltd Q3 FFO per share $0.08

Published 2017-11-10, 06:47 a/m
© Reuters.  BRIEF-Obsidian Energy Ltd Q3 FFO per share $0.08
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Nov 10 (Reuters) - Obsidian Energy Ltd OBE.TO

* Obsidian Energy announces strong third quarter results and 2018 budget

* Obsidian Energy Ltd - forecasting full year 2017 production at high end of our 30,500 - 31,500 boe per day guidance range

* Obsidian Energy Ltd - anticipate five percent production growth in 2018 while investing only 80 percent of funds flow from operations

* Obsidian Energy Ltd - remain on track to meet full year 2017 capital guidance

* Obsidian Energy Ltd qtrly FFO per share $0.08

* Obsidian Energy - average corporate production for Q3 2017 was 30,166 boe per day, compared with 41,233 boe per day in Q3 2016

* Obsidian Energy Ltd sees 2018 2018 total capital expenditures $135 million

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