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Post# of 1989
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tdbowieknife

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tdbowieknife

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Re: None

Tuesday, 08/07/2018 8:10:35 AM

Tuesday, August 07, 2018 8:10:35 AM

Post# of 1989
2018 Second Quarter Highlights

Production of 61,994 barrels of oil equivalent (“BOE”) per day in Q2 2018, up 3% from Q1 2018 and 4% from Q2 2017

Adjusted cash flow from operations(1) (a non-GAAP measure) of $134 million for Q2 2018, up 7% from Q1 2018 and 106% from Q2 2017

Adjusted EBITDAX(1) (a non-GAAP measure) of $153 million for Q2 2018, up from $142 million in Q1 2018 and $86 million in Q2 2017
Reduced debt principal by $189 million in Q2 2018, and over $1 billion since Q4 2014

Continued improvement in leverage metrics, debt to annualized Q2 2018 Adjusted EBITDAX of 4.1x (including hedge settlements) and 3.0x (excluding hedge settlements)

Sanctioned the enhanced oil recovery (“EOR”) development project at Cedar Creek Anticline, with total recoverable oil potential estimated to be in excess of 400 million barrels

https://ih.advfn.com/p.php?pid=nmona&article=78020612


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I expose stock scams to gain knowledge about investigating the stock market players and for the entertainment it invariably generates. I've received NO compensation in any form for such, except for a few thank yous...

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