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Company News

BRIEF-Gear Energy Reports Qtrly Net Loss Per Weighted Average Diluted Share $0.02

May 9 (Reuters) - Gear Energy Ltd:

* GEAR ENERGY LTD. ANNOUNCES FIRST QUARTER 2018 OPERATING RESULTS

* DURING Q1 OF 2018, GEAR EXPERIENCED TEMPORARY LIMITATIONS IN ITS ABILITY TO SHIP OIL TO MARKET

* QTRLY FUNDS FROM OPERATIONS PER WEIGHTED AVERAGE DILUTED SHARE $0.04

* QTRLY NET LOSS PER WEIGHTED AVERAGE DILUTED SHARE $0.02

* QTRLY TOTAL PRODUCTION OF 6,522 BOE/D VERSUS 5,907 BOE/D

* CURRENT EXPECTATIONS ARE THAT Q2 SALES PRODUCTION SHOULD AGAIN BE IN EXCESS OF 7,000 BOE PER DAY Source text for Eikon: Further company coverage:

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