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BRIEF-Delphi Energy qtrly loss per share $0.12

Published 2016-08-10, 10:33 p/m
© Reuters.  BRIEF-Delphi Energy qtrly loss per share $0.12
DEE
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Aug 10 (Reuters) - Delphi Energy Corp DEE.TO

* Qtrly loss per share $0.12

* Delphi Energy reports second quarter 2016 results

* Production capability for Q2 of 2016 increased five percent to 8,200 boe/d, up from 7,810 boe/d in Q2 of 2015

* Q2 FFO shr C$0.03

* Provided guidance for second half of 2016 and updated its full year guidance for 2016

* More active second half of 2016 with net capital expenditures of $21.0 to $26.0 mln compared to $11.9 mln in first half of 2016

* Average and exit rate production volumes as well as cash flow expectations have been revised upward for second half of 2016

* Sees 2H 2016 average production 8,500 - 9,000 boe/d; sees FY 2016 average production 7,700-8000 boe/d

Source text for Eikon: ID:nCCN103xfj

Further company coverage: DEE.TO

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