Brief: Gear Energy Reports Qtrly Net Loss Per Weighted Average Diluted Share $0.02

Gear Energy

09/05/2018 21:55

May 9 (Reuters) - Gear Energy Ltd  GXE.TO :
    * GEAR ENERGY LTD. ANNOUNCES FIRST QUARTER 2018 OPERATING
RESULTS
    * DURING Q1 OF 2018, GEAR EXPERIENCED TEMPORARY LIMITATIONS
IN ITS
ABILITY TO SHIP OIL TO MARKET
    * QTRLY FUNDS FROM OPERATIONS PER WEIGHTED AVERAGE DILUTED
SHARE
$0.04
    * QTRLY NET LOSS PER WEIGHTED AVERAGE DILUTED SHARE $0.02
    * QTRLY TOTAL PRODUCTION OF 6,522 BOE/D VERSUS 5,907 BOE/D
    * CURRENT EXPECTATIONS ARE THAT Q2 SALES PRODUCTION SHOULD
AGAIN
BE IN EXCESS OF 7,000 BOE PER DAY

Source text for Eikon:  ID:nCNWY383va 
Further company coverage:  GXE.TO 

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