Brief: Calima Energy Planning A 2022 Capital Investment Program Of C$35 Million

Calima Energy

29/10/2021 02:28

Oct 29 (Reuters) - Calima Energy Ltd  CE1.AX :
    * PLANNING A 2022 CAPITAL INVESTMENT PROGRAM OF  C$35
MILLION FOR
CONTINUED DEVELOPMENT OF BROOKS AND THORSBY OIL  ASSETS
    * QUARTERLY SALES VOLUMES 302,653 GROSS BOE
    * QTRLY ADJUSTED EBITDA A$8.4 MILLION
    * ADJUSTED EBITDA FOR YEAR ENDED 31 DECEMBER 2021 IS
FORECASTED AT
C$26 MILLION AND C$66 MILLION FOR 2022
    * SEES AVERAGE PRODUCTION OF 5,500 BOE/D IN FY2022

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