February 23, 2017 / 10:45 PM / in 9 months

BRIEF-Blackpearl Resources Inc Q4 loss per share $0.01

Feb 23 (Reuters) - Blackpearl Resources Inc

* Blackpearl announces fourth quarter and full year 2016 financial and operating results and year-end reserves and resources, work commences on phase 2 thermal expansion at onion lake

* Blackpearl says oil and natural gas sales increased 56% in Q4 of 2016 to $35.4 million from $22.6 million in same period in 2015

* Blackpearl says Q4 2016 oil and gas sales volumes were 10,479 boe per day, a 10% increase over production during same period in 2015

* Blackpearl sees capital spending in 2017 will be approximately $200 million

* Blackpearl sees 2017 oil and gas production is expected to average between 10,000 and 11,000 boe/d

* Blackpearl qtrly loss per share $0.01 Source text for Eikon: Further company coverage:

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