Brief: Kelt Reports Qtrly Adjusted Ffo Per Share C$0.25

Kelt Exploration

08/08/2019 13:41

Aug 8 (Reuters) - Kelt Exploration Ltd  KEL.TO :
    * KELT REPORTS FINANCIAL AND OPERATING RESULTS FOR THE THREE
AND
SIX MONTHS ENDED JUNE 30, 2019
    * QUARTERLY ADJUSTED FFO PER SHARE C$0.25
    * QUARTERLY REVENUE C$100.7 MILLION
    * Q2 FFO PER SHARE C$0.25
    * QTRLY EARNINGS PER SHARE C$0.01
    * REALIZED AVERAGE OIL PRICE DURING Q2 OF 2019 WAS $72.17
PER
BARREL, DOWN 10%
    * AVERAGE PRODUCTION FOR THREE MONTHS ENDED JUNE 30, 2019
WAS
30,314 BOE PER DAY, UP 16%
    * EXPECTS 2019 AVERAGE PRODUCTION TO BE AT LOW END OF ITS
FORECASTED RANGE
    * SEES 2019 AFFO PER SHARE $1.19
    * FY2019 FFO PER SHARE VIEW C$1.27 -- REFINITIV IBES DATA
    * Q2 EARNINGS PER SHARE VIEW C$0.02, REVENUE VIEW C$117.1
MILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX8KRXNx 
Further company coverage:  KEL.TO 

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