Brief: Yangarra reports Q2 EPS $0.02

Yangarra Resources

08/08/2018 21:14

Aug 8 (Reuters) - Yangarra Resources Ltd  YGR.TO :
    * YANGARRA ANNOUNCES SECOND QUARTER 2018 FINANCIAL AND
OPERATING
RESULTS
    * QTRLY EARNINGS PER SHARE $0.02
    * BOARD OF DIRECTORS APPROVED AN INCREASE IN CAPITAL BUDGET
FROM
$90 MILLION TO $120 MILLION FOR 2018
    * GUIDANCE OF 9,000 - 10,000 BOE/D AVERAGE PRODUCTION FOR
2018
REMAINS UNCHANGED
    * 22 GROSS (19 NET) WELLS WILL BE PUT ON PRODUCTION DURING
SECOND
HALF OF 2018
    * OIL AND GAS SALES WERE $29.9 MILLION, AN INCREASE OF 53
PCT

Source text for Eikon:  ID:nCNWDSh6na 
Further company coverage:  YGR.TO 

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