Brief: Bonterra Energy Says Qtrly Funds Flow Per Share $0.79

Bonterra Energy

07/08/2019 21:55

Aug 7 (Reuters) - Bonterra Energy Corp  BNE.TO :
    * BONTERRA ENERGY CORP. ANNOUNCES SECOND QUARTER 2019
FINANCIAL
AND OPERATIONAL RESULTS
    * BONTERRA ENERGY CORP - QTRLY REVENUE, REALIZED OIL AND GAS
SALES, $54.9 MILLION VERSUS $67.5 MILLION
    * BONTERRA ENERGY CORP - QTRLY FUNDS FLOW PER SHARE $0.79
    * BONTERRA ENERGY CORP - AVERAGED 12,674 BOE PER DAY OF
PRODUCTION
IN Q2 2019, A QUARTER-OVER-QUARTER INCREASE OF 654 BOE PER DAY
    * BONTERRA ENERGY - QTRLY FIELD NETBACKS ROSE TO $28.63/BOE
FROM
$27.51 PER BOE IN Q1 2019
    * BONTERRA ENERGY - FOR Q2, CO'S AVERAGE REALIZED OIL PRICE
WAS
$71.27 PER BBL, AN INCREASE OF 10 PERCENT OVER $64.87 PER BBL
REALIZED IN Q1 2019
    * BONTERRA ENERGY - ORIGINAL 2019 CAPITAL BUDGET OF $57 TO
$77
MILLION REMAINS INTACT
    * BONTERRA ENERGY - AVERAGE ANNUAL PRODUCTION VOLUMES IN
2019
FORECAST TO BE AT LOW END OF GUIDANCE RANGE OF 12,600 TO 13,200
BOE/DAY
    * BONTERRA ENERGY - WILL CONTINUE TO EVALUATE OPPORTUNITIES
TO
SECURE PRICES FOR BOTH WTI AND LIGHT SWEET OIL DIFFERENTIALS

Source text for Eikon:  ID:nCNWn081fa 
Further company coverage:  BNE.TO 

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