Bankers previously reported 1Q15 production of 19,767 bbl/d and sales volumes of 20,283 bbl/d. Unfortunately, cash flow results of approximately US$25 mm or US$33 mm normalized were below expectations of approximately US$39 mm, due to slightly lower oil prices and higher operating costs.

08 May 2015
2015e Production and Cash Flow Outlook Reduced

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
2015e Production and Cash Flow Outlook Reduced
Big Banc Split Corp. Class A (BNK:TSE) | 0 0 0.0%
- Published:
08 May 2015 -
Author:
Darren B. Engels -
Pages:
5 -
Bankers previously reported 1Q15 production of 19,767 bbl/d and sales volumes of 20,283 bbl/d. Unfortunately, cash flow results of approximately US$25 mm or US$33 mm normalized were below expectations of approximately US$39 mm, due to slightly lower oil prices and higher operating costs.