August 16, 2017 / 10:14 AM / a year ago

BRIEF-Strategic Oil & Gas Q2 basic loss per share $0.15

Aug 16 (Reuters) - Strategic Oil And Gas Ltd

* Strategic Oil & Gas Ltd announces second quarter 2017 financial results and provides operations update

* Qtrly funds from operations per share basic $0.06

* Qtrly basic loss per share $0.15

* Qtrly oil and natural gas sales $10.3 million versus about $6 million ‍​

* Qtrly average daily production 2,661 boe per day versus 1,829 boe per day ‍​

* Says corporate production volumes for Q3 of 2017 are estimated to be 2,400 boe/d

* Says for full year 2017, reduced estimated capital spending for Q3 from $24 million to $16 million

* Qtrly operating netbacks increased to $17.98/boe Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below