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BRIEF-Yangarra reports Q2 EPS $0.02

Published 2018-08-08, 04:14 p/m
© Reuters.  BRIEF-Yangarra reports Q2 EPS $0.02
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Aug 8 (Reuters) - Yangarra Resources Ltd YGR.TO :

* YANGARRA ANNOUNCES SECOND QUARTER 2018 FINANCIAL AND OPERATING RESULTS

* QTRLY EARNINGS PER SHARE $0.02

* BOARD OF DIRECTORS APPROVED AN INCREASE IN CAPITAL BUDGET FROM $90 MILLION TO $120 MILLION FOR 2018

* GUIDANCE OF 9,000 - 10,000 BOE/D AVERAGE PRODUCTION FOR 2018 REMAINS UNCHANGED

* 22 GROSS (19 NET) WELLS WILL BE PUT ON PRODUCTION DURING SECOND HALF OF 2018

* OIL AND GAS SALES WERE $29.9 MILLION, AN INCREASE OF 53 PCT

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