Brief: Obsidian Energy Announces Qtrly Loss Per Share $0.11

Obsidian Energy

10/05/2019 11:59

May 10 (Reuters) - Obsidian Energy Ltd  OBE.TO :
    * OBSIDIAN ENERGY ANNOUNCES FIRST QUARTER 2019 FINANCIAL AND
OPERATIONAL RESULTS
    * OBSIDIAN ENERGY LTD - Q1 2019 AVERAGE OIL PRODUCTION OF
16,472
BBL PER DAY
    * OBSIDIAN ENERGY LTD - Q1 2019 AVERAGE TOTAL PRODUCTION OF
27,651
BOE PER DAY
    * OBSIDIAN ENERGY LTD - QTRLY LOSS PER SHARE $0.11
    * OBSIDIAN ENERGY LTD - QTRLY FFO $0.07 PER SHARE
    * OBSIDIAN ENERGY LTD - COMPANY HAS NO CURRENCY OR GAS
HEDGES
CURRENTLY IN PLACE
    * OBSIDIAN ENERGY LTD -  TOTAL PLANNED CAPITAL OF $120
MILLION FOR
2019 REMAINS UNCHANGED
    * OBSIDIAN ENERGY LTD - ALL FIGURES EXPRESSED IN C$
    * OBSIDIAN ENERGY LTD - TO SPEND WITHIN FUNDS FLOW FROM
OPERATIONS
AND SEEK TO DIVEST NON-CORE PROPERTIES, IF THE MARKET CONDITIONS
ARE FAVORABLE
    * OBSIDIAN ENERGY LTD - IN Q1, COMPANY DRILLED, COMPLETED
AND
EQUIPPED FIVE CARDIUM WELLS

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

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