Brief: Crew Energy Announces Third-Quarter 2019 Financial And Operating Results

Crew Energy

04/11/2019 12:42

Nov 4 (Reuters) - Crew Energy Inc  CR.TO :
    * CREW ENERGY INC ANNOUNCES THIRD QUARTER 2019 FINANCIAL AND
OPERATING RESULTS HIGHLIGHTED BY 24% GROWTH IN QUARTERLY
CONDENSATE VOLUMES
    * AVERAGE PRODUCTION OF 22,824 BOE PER DAY WITH 29% LIQUIDS
IN
QUARTER
    * Q3 AFF TOTALED $16.7 MILLION OR $0.11 PER SHARE
    * FOR Q4, PRODUCTION IS EXPECTED TO AVERAGE BETWEEN 22,000
AND
22,500 BOE PER DAY ON CAPITAL EXPENDITURES OF BETWEEN $28 AND
$32 MILLION
    * CREW'S NET 2019 CAPITAL EXPENDITURE BUDGET IS EXPECTED TO
RANGE
BETWEEN $95 MILLION AND $100 MILLION
    * QTRLY PETROLEUM AND NATURAL GAS SALES $41.6 MILLION VERSUS
$54.1
MILLION
    * QTRLY LOSS PER SHARE $0.02
    * Q3 EARNINGS PER SHARE VIEW C$-0.01, REVENUE VIEW C$53.5
MILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nCNWxztK0a 
Further company coverage:  CR.TO 

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