Brief: Oryx Petroleum Qtrly loss per share $0.05

Forza Petroleum

03/08/2016 22:00

Aug 3 (Reuters) - Oryx Petroleum Corporation Ltd  OXC.TO  
    * Oryx petroleum second quarter 2016 financial and 
operational results 
    * Re-Forecasted capital expenditures for 2016 are $32 
million, reduced from previous forecast of $62 million. 
    * Says average gross oil production of 3,100 barrels per day 
for q2 2016 from demir dagh field 
    * Expects cash on hand at june 30, 2016, cash receipts to 
fund expenditures through end of 2017 
    * "pursuit of growth capital expenditures in 2017 will 
likely require external funding." 
    * Says expects gross oil production from hawler license area 
to approximate 8,000 to 9,000 bbl/d by end of 2016 
    * Qtrly revenue $7.1 million versus $9.4 million 
    * Qtrly loss per share $0.05 
    * Q2 earnings per share view $-0.03 -- Thomson Reuters 
I/B/E/S 
    * Q2 revenue view $8.4 million -- Thomson Reuters I/B/E/S 
 
Source text for Eikon:  ID:nCNWLHbgqa  
Further company coverage:  OXC.TO  
 
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