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5 months ago
BRIEF-Bonavista Energy qtrly adjusted earnings per share $0.24
March 3, 2017 / 12:35 AM / 5 months ago

BRIEF-Bonavista Energy qtrly adjusted earnings per share $0.24

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March 2 (Reuters) - Bonavista Energy Corp:

* Bonavista Energy Corporation announces 2016 fourth quarter and year end results

* Qtrly adjusted earnings per share $0.24

* Qtrly loss per share $0.05

* Intend to grow production between seven and 10%, and funds from operations between 10% to 20%, this year

* Says as commodity supply and demand seek equilibrium, pricing will remain volatile in 2017

* Production for Q4 averaged 69,339 boe per day, an 8% increase over Q3 production

* Current production is 71,000 boe per day

* Bonavista will deploy incremental capital in 2017 Source text for Eikon: Further company coverage:

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