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BRIEF-Oryx Petroleum Q3 2019 Financial Results

Published 2019-11-06, 09:12 a/m
© Reuters.  BRIEF-Oryx Petroleum Q3 2019 Financial Results
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Nov 6 (Reuters) - Oryx Petroleum Corporation Ltd OXC.TO :

* ORYX PETROLEUM Q3 2019 FINANCIAL AND OPERATIONAL RESULTS AND 2020 CAPITAL BUDGET

* ORYX PETROLEUM CORPORATION LTD QTRLY TOTAL REVENUES OF $35.7 MILLION, 22% INCREASE

* ORYX PETROLEUM CORPORATION LTD QTRLY WORKING INTEREST SALES OF 698,600 BARRELS OF OIL

* ORYX PETROLEUM CORPORATION LTD QTRLY AVERAGE REALISED SALES PRICE OF $46.05/BBL

* ORYX PETROLEUM CORPORATION LTD - QTRLY EARNINGS PER SHARE $0.03

* ORYX PETROLEUM CORPORATION LTD - AVERAGE GROSS OIL PRODUCTION OF 11,700 BBL/D FOR Q3 2019 VERSUS 7,200 BBL/D IN Q3 2018

* ORYX PETROLEUM CORPORATION LTD - RE-FORECASTED CAPITAL EXPENDITURES FOR Q4 2019 ARE $14 MILLION

* ORYX PETROLEUM CORPORATION LTD - BUDGETED CAPITAL EXPENDITURES FOR 2020 ARE $106 MILLION

* ORYX PETROLEUM CORPORATION LTD - EXPECTS THAT REPAYMENT OF PRINCIPAL AMOUNT DUE TO AOG IN JULY 2020, UNDER AOG LOAN, WILL BE RESTRUCTURED

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