Brief: Africa Oil Reports Qtrly Net Loss Per Share $0.31

Meren Energy

26/02/2020 02:43

Feb 25 (Reuters) - Africa Oil Corp  AOI.TO :
    * AFRICA OIL ANNOUNCES Q4'19 AND FY'19 FINANCIAL AND
OPERATING
RESULTS AND 2020 MANAGEMENT GUIDANCE
    * AFRICA OIL ANNOUNCES Q4'19 AND FY'19 FINANCIAL AND
OPERATING
RESULTS AND 2020 MANAGEMENT GUIDANCE
    * AFRICA OIL - SEES 2020 ESTIMATE OF AVERAGE DAILY WORKING
INTEREST PRODUCTION RANGE OF 30,000-33,000 BARRELS OF OIL
EQUIVALENT PER DAY
    * QTRLY NET LOSS PER SHARE $0.31
    * QTRLY NET LOSS PER SHARE $0.31
    * EXPECT THAT MOST OF COMPANY'S 2020 PRODUCTION WILL BE
CONTRIBUTED BY ITS 50% SHAREHOLDING IN POGBV
    * EXPECT THAT MOST OF COMPANY'S 2020 PRODUCTION WILL BE
CONTRIBUTED BY ITS 50% SHAREHOLDING IN POGBV
    * SEES 2020 NET ENTITLEMENT PRODUCTION RANGE OF
35,000-38,000
BOE/D, NET TO AOI'S 50% SHAREHOLDING IN POGBV
    * SEES 2020 NET ENTITLEMENT PRODUCTION RANGE OF
35,000-38,000
BOE/D, NET TO AOI'S 50% SHAREHOLDING IN POGBV

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

 ((Reuters.Briefs@thomsonreuters.com;))