Brief: Altura Energy Reports Q1 Loss Per Share Of 29 Cents

Tenaz Energy

28/05/2020 23:38

May 28 (Reuters) - Altura Energy Inc  ATU.V :
    * ALTURA ENERGY INC. ANNOUNCES Q1 2020 FINANCIAL AND
OPERATING
RESULTS
    * ALTURA ENERGY INC QTRLY TOTAL AVERAGE DAILY PRODUCTION
1,250
BOE/DAY VERSUS 1,939 BOE/D
    * ALTURA ENERGY INC QTRLY LOSS PER SHARE 29 CENTS
    * ALTURA ENERGY INC QTRLY PETROLEUM AND NATURAL GAS SALES
$2.8
MILLION VERSUS $7.5 MILLION
    * ALTURA ENERGY INC - CRUDE OIL HEDGING CONTRACTS OF 300
BARRELS
PER DAY, MITIGATED EXPOSURE TO OIL PRICE DECLINE
    * ALTURA ENERGY INC - PLANNING TO RESTART PRODUCTION AND
SELL
CRUDE OIL INTO SPOT MARKET BEGINNING IN JUNE

Source text for Eikon:  ID:nCNWx34b7a 
Further company coverage:  ATU.V 

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