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Oryx Petroleum Corporation Ltd (OXC.TO)

OXC.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Oryx Petroleum reports qtrly loss per share $0.10
Wednesday, 15 Mar 2017 04:30pm EDT 

Oryx Petroleum Corporation Ltd : Oryx Petroleum Corporation Ltd - 2017 capital expenditure forecast of $45 million . Qtrly loss per share $0.10 . Qtrly revenue $7.8 million versus. $1.5 million .Oryx Petroleum Corporation Ltd - cash and cash equivalents decreased to $40.7 million at December 31, 2016 from $54.2 million at December 31, 2015.  Full Article

Oryx petroleum says gross production from Hawler License area averaged 3,100 bbl/d in Q4 2016
Tuesday, 10 Jan 2017 08:32am EST 

Oryx Petroleum Corporation Ltd : Oryx petroleum announces update on operations . Oryx petroleum corporation ltd - gross production from hawler license area averaged 3,100 bbl/d in q4 of 2016 . In december 2016, zey gawra-1 well was side-tracked . Oryx petroleum - production from naturally flowing well is currently constrained to approximately 1,500 bbl/d of 35.5 degree api oil at zey gawra-1 well . Oryx petroleum - production from demir dagh-3 well in jurassic reservoir, which was expected to decline in 2017, ceased in late december . Current gross (100%) production from hawler license area is approximately 3,000 bbl/d .Oryx petroleum - production from demir dagh-3 well in jurassic reservoir ceased in late december due to an "abrupt increase in water-oil ratio".  Full Article

Oryx petroleum reports Q3 loss per share $0.04
Wednesday, 9 Nov 2016 04:30pm EST 

Oryx Petroleum Corporation Ltd : Oryx Petroleum third quarter 2016 financial and operational results and 2017 capital budget . Oryx Petroleum Corporation Ltd - average production and sales of 2,900 BBL/D during q3 2016 . Oryx Petroleum Corporation Ltd sees 2017 budgeted capital expenditures of $94 million . Q3 loss per share $0.04 . Oryx Petroleum - expects cash on hand as of september 30, 2016 and cash receipts from net revenues to fund forecasted cash expenditures into q2 of 2017 . Oryx Petroleum - will require $20-$25 million of additional liquidity to achieve production and cash flow levels to fulfil its committed obligations in 2017 . Oryx Petroleum Corporation -co expects gross (100%) oil production from hawler license area to be approximately 4,000 to 5,000 bbl/d by end of 2016 . Oryx Petroleum Corporation Ltd - will require a further $50-$60 million of liquidity to fund its full 2017 budgeted expenditures . Oryx Petroleum Corporation Ltd says revenue increased to $6.7 million in Q3 2016 versus $4.2 million in q3 2015 .Q3 earnings per share view $-0.03, revenue view $5.2 million -- Thomson Reuters I/B/E/S.  Full Article

AOG Upstream BV acquires ownership of 23 mln Oryx Petroleum shares
Friday, 14 Oct 2016 09:48am EDT 

Oryx Petroleum Corporation Ltd : AOG Upstream BV, an affiliate of AOG, acquired ownership and control of 23 million common shares of Oryx Petroleum .AOG Upstream BV acquired ownership of Oryx shares for aggregate consideration of $9.1 million.  Full Article

Oryx Petroleum Qtrly loss per share $0.05
Wednesday, 3 Aug 2016 05:00pm EDT 

Oryx Petroleum Corporation Ltd : Oryx petroleum second quarter 2016 financial and operational results . Re-Forecasted capital expenditures for 2016 are $32 million, reduced from previous forecast of $62 million. . Says average gross oil production of 3,100 barrels per day for q2 2016 from demir dagh field . Expects cash on hand at june 30, 2016, cash receipts to fund expenditures through end of 2017 . "pursuit of growth capital expenditures in 2017 will likely require external funding." . Says expects gross oil production from hawler license area to approximate 8,000 to 9,000 bbl/d by end of 2016 . Qtrly revenue $7.1 million versus $9.4 million . Qtrly loss per share $0.05 . Q2 earnings per share view $-0.03 -- Thomson Reuters I/B/E/S .Q2 revenue view $8.4 million -- Thomson Reuters I/B/E/S.  Full Article

Oryx Petroleum qtrly loss per share $0.13
Wednesday, 11 May 2016 05:00pm EDT 

Oryx Petroleum Corporation Ltd : Gross oil production of 69,100 bbl (working interest 44,900 bbl) for three months ended march 31, 2016 . 800 bbl/d (working interest 500 bbl/d) average oil production for three months ended march 31, 2016 . 2016 cash capital expenditure forecast of $62 million announced on March 16, 2016 remains unchanged . Qtrly loss per share $0.13 . Q1 earnings per share view $-0.03 -- Thomson Reuters I/B/E/S .Oryx Petroleum first quarter 2016 financial and operational results.  Full Article

Oryx Petroleum Corporation Ltd says Headcount reduction
Wednesday, 16 Mar 2016 06:18pm EDT 

Oryx Petroleum Corporation Ltd:Says Headcount in Geneva, Switzerland to be reduced from 72 to 15.Says Overall headcount to be reduced from 245 as of june 30, 2015 to 104 upon expiration of notice periods.  Full Article

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BRIEF-Oryx Petroleum reports qtrly loss per share $0.10

* Oryx Petroleum Corporation Ltd - 2017 capital expenditure forecast of $45 million