Brief: Crown Point Energy Inc Reports Q1 Earnings Per Share Of $0.04

Crown Point Energy

30/05/2019 23:34

May 30 (Reuters) - Crown Point Energy Inc  CWV.V :
    * CROWN POINT ANNOUNCES OPERATING AND FINANCIAL RESULTS FOR
THE
THREE MONTHS ENDED MARCH 31, 2019
    * CROWN POINT ENERGY INC - IN Q1 EARNED $12.0 MILLION OF OIL
AND
NATURAL GAS SALES REVENUE, UP 117%
    * CROWN POINT ENERGY INC - Q1 AVERAGE DAILY SALES VOLUMES OF
3,470
BOE PER DAY, UP 126%
    * CROWN POINT ENERGY INC - QTRLY REPORTED AVERAGE DAILY
PRODUCTION
VOLUMES OF 4,328 BOE PER DAY, UP 185% FROM 1,519 BOE PER DAY IN
Q1 2018
    * CROWN POINT ENERGY INC - Q1 ADJUSTED FUNDS FLOW PER SHARE
-
OPERATIONS $0.05
    * CROWN POINT ENERGY INC - Q1 EARNINGS PER SHARE $0.04
    * CROWN POINT ENERGY INC - CAPITAL EXPENDITURE BUDGET FOR
2019 IS
$15 MILLION

Source text for Eikon:  ID:nGNX6HPRKq 
Further company coverage:  CWV.V 

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