Brief: Canacol Energy Reports Net Income Of $2.4 Million In Q2 2021

Canacol Energy (Alberta)

06/08/2021 24:05

Aug 5 (Reuters) - Canacol Energy Ltd  CNE.TO :
    * . REPORTS A 13% INCREASE IN REALIZED CONTRACTUAL NATURAL
GAS
SALES VOLUMES AND NET INCOME OF $2.4 MILLION IN Q2 2021
    * QTRLY TOTAL NATURAL GAS REVENUES, NET OF ROYALTIES AND
TRANSPORTATION EXPENSES DECREASED 1% TO $52.6 MILLION
    * REALIZED CONTRACTUAL NATURAL GAS SALES VOLUMES INCREASED
13% TO
171.5 MMSCFPD FOR THREE MONTHS ENDED JUNE 30, 2021
    * QTRLY ADJUSTED FUNDS FROM OPERATIONS PER BASIC SHARE
INCREASED
12% TO $0.19 PER BASIC SHARE
    * AVERAGE NATURAL GAS PRODUCTION VOLUMES INCREASED 15% TO
173.1
MMSCFPD FOR THREE MONTHS ENDED JUNE 30
    * QTRLY NET INCOME AND COMPREHENSIVE INCOME PER SHARE $0.01

Source text for Eikon:  ID:nGNX58cP9h 
Further company coverage:  CNE.TO 

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