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Stocks in play: Oryx Petroleum Corporation Limited

Baystreet.ca

Announced its financial and operational results for the three months ended September 30, 2019. All dollar amounts set forth in this news release are in United States dollars. Total revenues of $35.7 million on working interest sales of 698,600 barrels of oil ("bbl") and an average realised sales price of $46.05/bbl for Q3 2019. Operating expenses of $7.2 million ($10.27/bbl) and an Oryx Petroleum Netback1 of $12.1 million ($17.33/bbl) for Q3 2019. There was a 21% decrease in operating expenses per barrel versus Q3 2018. Profit of $18.3 million ($0.03 per common share) in Q3 2019 versus loss of $5.2 million ($0.01 per common share) in Q3 2018. Oryx Petroleum Corporation Limited shares T.OXC are trading unchanged at $0.21.

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