Brief: Crown Point Reports Qtrly Oil And Gas Revenue Of $7.2 Mln

Crown Point Energy

29/08/2018 23:06

Aug 29 (Reuters) - Crown Point Energy Inc  CWV.V :
    * CROWN POINT ANNOUNCES OPERATING AND FINANCIAL RESULTS FOR
THE
THREE AND SIX MONTHS ENDED JUNE 30, 2018
    * CROWN POINT ENERGY INC - QTRLY AVERAGE DAILY PRODUCTION
VOLUMES
OF 1,846 BOE PER DAY, UP 33 PCT
    * CROWN POINT ENERGY INC - SEES CAPITAL SPENDING FOR LAST
HALF OF
2018 AT $12.9 MILLION
    * CROWN POINT ENERGY - RECEIVED AN AVERAGE OF $68.49/BBL FOR
ITS
OIL IN QUARTER VERSUS $47.81/BBL EARNED
    * CROWN POINT ENERGY INC - QTRLY OIL AND GAS REVENUE $7.2
MILLION
VERSUS $4 MILLION
    * CROWN POINT ENERGY INC - QTRLY NET LOSS PER SHARE $0.11
    * CROWN POINT ENERGY INC - QTRLY ADJUSTED NET LOSS PER SHARE
$0.02

Source text for Eikon:  ID:nGNX5Zynd1 
Further company coverage:  CWV.V 

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