Brief: Oryx Petroleum Q3 2019 Financial Results

Forza Petroleum

06/11/2019 14:12

Nov 6 (Reuters) - Oryx Petroleum Corporation Ltd  OXC.TO :
    * ORYX PETROLEUM Q3 2019 FINANCIAL AND OPERATIONAL RESULTS
AND
2020 CAPITAL BUDGET
    * ORYX PETROLEUM CORPORATION LTD QTRLY TOTAL REVENUES OF
$35.7
MILLION, 22% INCREASE
    * ORYX PETROLEUM CORPORATION LTD QTRLY WORKING INTEREST
SALES OF
698,600 BARRELS OF OIL
    * ORYX PETROLEUM CORPORATION LTD QTRLY AVERAGE REALISED
SALES
PRICE OF $46.05/BBL
    * ORYX PETROLEUM CORPORATION LTD - QTRLY EARNINGS PER SHARE
$0.03
    * ORYX PETROLEUM CORPORATION LTD - AVERAGE GROSS OIL
PRODUCTION OF
11,700 BBL/D FOR Q3 2019 VERSUS 7,200 BBL/D IN Q3 2018
    * ORYX PETROLEUM CORPORATION LTD - RE-FORECASTED CAPITAL
EXPENDITURES FOR Q4 2019 ARE $14 MILLION
    * ORYX PETROLEUM CORPORATION LTD - BUDGETED CAPITAL
EXPENDITURES
FOR 2020 ARE $106 MILLION
    * ORYX PETROLEUM CORPORATION LTD - EXPECTS THAT REPAYMENT OF
PRINCIPAL AMOUNT DUE TO AOG IN JULY 2020, UNDER AOG LOAN, WILL
BE RESTRUCTURED

Source text for Eikon:  ID:nCNWXZxD8a 
Further company coverage:  OXC.TO 

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