Brief: Obsidian Energy Announces Qtrly Loss Per Share $0.05

Obsidian Energy

02/11/2020 12:24

Nov 2 (Reuters) - Obsidian Energy Ltd  OBE.TO :
    * OBSIDIAN ENERGY ANNOUNCES STRONG THIRD QUARTER 2020
RESULTS
DRIVEN BY SUCCESSFUL FIRST HALF DEVELOPMENT PROGRAM AND
CONTINUED IMPROVEMENTS TO OUR COST STRUCTURE
    * OBSIDIAN ENERGY LTD QTRLY FFO PER SHARE $0.41
    * OBSIDIAN ENERGY LTD QTRLY LOSS PER SHARE $0.05
    * OBSIDIAN ENERGY LTD - ANTICIPATE Q4 2020 CAPITAL AND
DECOMMISSIONING EXPENDITURES TO TOTAL ABOUT $9 MILLION
    * OBSIDIAN ENERGY LTD -  TAKEOVER BID OFFER TO ACQUIRE ALL
ISSUED
AND OUTSTANDING COMMON SHARES OF BONTERRA IS OPEN UNTIL JANUARY
4, 2021, AT 5:00 PM
    * OBSIDIAN ENERGY LTD - PRODUCTION AVERAGED 25,031 BOE/D IN
Q3,
DOWN 3% FROM Q2 OF 2020 AND 2% FROM Q3 OF 2019

Source text for Eikon:  ID:nCNWlYSNMa 
Further company coverage:  OBE.TO 

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