Brief: Journey Energy Qtrly Loss Per Share $0.21

Journey Energy

09/05/2018 01:28

May 8 (Reuters) - Journey Energy Inc  JOY.TO :
    * REPORTS FIRST QUARTER 2018 RESULTS, ANNOUNCES A
SIGNIFICANT POOL
EXTENSION IN MATZIWIN, AND UPDATES ACTIVITY ON ITS EAST DUVERNAY
RESOURCE PLAY
    * ACHIEVED A PRODUCTION LEVEL OF 10,117 BOE/D IN Q1, A 12%
INCREASE FROM Q1 OF 2017
    * QTRLY LOSS PER SHARE $0.21
    * MANAGEMENT ESTIMATES THAT IMPACT OF FREEZE-OFFS ON
PRODUCTION
VOLUMES DURING QUARTER WAS APPROXIMATELY 250 BOE/D (75% NATURAL
GAS)
    * SEES ANNUAL AVERAGE PRODUCTION OF 10,100 BOE/D - 10,500
BOE/D
    * SEES FY 2018 FUNDS FLOW PER BASIC WEIGHTED AVERAGE SHARE
OF
$0.68 - $0.76

Source text for Eikon:  ID:nCNWMRWp4a 
Further company coverage:  JOY.TO 

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