May 7 (Reuters) - Seven Generations Energy Ltd VII.TO :
* SEVEN GENERATIONS ENERGY - 2020 CAPITAL BUDGET CUT BY A FURTHER 28% TO $650 MILLION, PRODUCTION GUIDANCE MIDPOINT REDUCED BY 4% TO 180,000 BOE/D
* SEVEN GENERATIONS ENERGY - QTRLY LOSS PER SHARE $3.03; QTRLY ADJUSTED. EARNINGS PER SHARE $0.10; RECOGNIZED AN IMPAIRMENT LOSS OF $1,443 MILLION IN QUARTER
* SEVEN GENERATIONS ENERGY - QTRLY SALES VOLUMES WERE 193,500 BOE/D, DOWN 2%
* SEVEN GENERATIONS ENERGY - NOW HAS MORE THAN 50,000 BBL/D OF PRODUCTION, HEDGED FOR BALANCE OF 2020 AT ABOUT US$45/BBL