Brief: Battalion Oil Reports Quarterly Total Operating Revenues Of $65.6 Mln

Battalion Oil

25/03/2020 21:51

March 25 (Reuters) - Battalion Oil Corp  BATL.A :
    * BATTALION OIL CORP - QTRLY NET LOSS PER SHARE $0.65
    * BATTALION OIL CORP - QTRLY TOTAL OPERATING REVENUES $65.6
MILLION VERSUS $60.3 MILLION
    * BATTALION OIL CORP - CONSIDERING REVISIONS TO 2020 CAPITAL
BUDGET WHICH WOULD LOWER ANTICIPATED CAPEX TO APPROXIMATELY $60
MILLION TO $76 MILLION
    * BATTALION OIL - REVISIONS TO 2020 CAPITAL BUDGET WOULD
INCLUDE
DRILLING 4 TO 6 GROSS OPERATED WELLS
    * BATTALION OIL - REVISIONS TO 2020 CAPITAL BUDGET WOULD
INCLUDE
PUTTING ONLINE SIX TO SEVEN GROSS OPERATED WELLS DURING THE YEAR
    * BATTALION OIL - SEES 2020 TOTAL PRODUCTION BETWEEN 17.5
AND 18.5
MBOEPD
    * BATTALION OIL - AS OF DEC 31, 2019, CO'S LIQUIDITY WAS
$99.4
MILLION CONSISTING OF $5.7 MILLION IN CASH ON HAND &
AVAILABILITY UNDER REVOLVING CREDIT FACILITY LESS LETTERS OF
CREDIT OUTSTANDING

Source  :(https://bit.ly/39le6Uq)
Further company coverage:  BATL.A 

 ((Reuters.Briefs@thomsonreuters.com;))