BRIEF-TORC Oil & Gas posts Q1 loss per share $0.16

Wed May 11, 2016 6:14am EDT
 
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May 11 (Reuters) - TORC Oil & Gas Ltd

* TORC Oil & Gas Ltd announces first quarter 2016 financial & operational results

* Quarterly production of 18,162 boepd, up from 18,108 in Q4 of 2015

* Qtrly FFO per share $0.09

* TORC's 2016 capital budget $90 million

* Qtrly loss per share $0.16

* Says 2016 capital budget of $90 million

* Says expects to spend approximately $25 million in first half of year

* Q1 earnings per share view c$-0.15 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)