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BlackPearl Resources Inc (PXX.TO)

PXX.TO on Toronto Stock Exchange

1.17CAD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Blackpearl says anticipate oil and gas production to average between 10,000 boe/d and 11,000 boe/d in 2017
Wednesday, 3 May 2017 05:00pm EDT 

May 3 (Reuters) - Blackpearl Resources Inc :Blackpearl announces first quarter 2017 financial and operating results.Says production averaged 10,753 barrels of oil equivalent (boe) per day, a 17% increase compared to Q1 2016 volumes.Blackpearl Resources - For 2017, planning to spend between $185 million and $190 million on capital projects, down from initial guidance of $200 million.Blackpearl Resources - For year end 2017 debt levels are anticipated to be between $130 and $135 million, down from our initial guidance of $135 million and $140 million.Blackpearl Resources Inc says anticipate oil and gas production to average between 10,000 boe/d and 11,000 boe/d in 2017.  Full Article

Blackpearl Resources Q1 earnings per share $0.02
Wednesday, 3 May 2017 05:00pm EDT 

May 3 (Reuters) - Blackpearl Resources Inc :Blackpearl announces first quarter 2017 financial and operating results.Qtrly production averaged 10,753 barrels of oil equivalent (boe) per day.Planning to spend between $185 and $190 million on capital projects, down from our initial guidance of $200 million.Blackpearl Resources Inc FY funds flow from operations is expected to be between $55 and $60 million.Qtrly earnings per share $0.02.Blackpearl Resources Inc - anticipate oil and gas production to average between 10,000 and 11,000 boe/d in 2017, unchanged from initial guidance.Target for initial steam injection for second phase is mid-2018.Oil production will be impacted during q2 as a result of a facility turnaround and inspection in may.Blackpearl Resources Inc qtrly oil and gas revenue - gross of $37.2 million versus $13 million.  Full Article

Blackpearl Resources Inc Q4 loss per share $0.01
Thursday, 23 Feb 2017 05:00pm EST 

Blackpearl Resources Inc : Blackpearl announces fourth quarter and full year 2016 financial and operating results and year-end reserves and resources, work commences on phase 2 thermal expansion at onion lake . Blackpearl says oil and natural gas sales increased 56% in Q4 of 2016 to $35.4 million from $22.6 million in same period in 2015 . Blackpearl says Q4 2016 oil and gas sales volumes were 10,479 boe per day, a 10% increase over production during same period in 2015 . Blackpearl sees capital spending in 2017 will be approximately $200 million . Blackpearl sees 2017 oil and gas production is expected to average between 10,000 and 11,000 boe/d .Blackpearl qtrly loss per share $0.01.  Full Article

Blackpearl announces the sale of a royalty interest on its Onion Lake property for $55 million
Thursday, 1 Dec 2016 04:00pm EST 

Blackpearl Resources Inc : Blackpearl announces the sale of a royalty interest on its Onion Lake property for $55 million . Blackpearl Resources Inc says Blackpearl sold an approximate 1.75% royalty on production from substantially all of its Onion Lake lands .Blackpearl Resources Inc says proceeds of sale will initially be used to re-pay bank indebtedness.  Full Article

Blackpearl announces Q3 financial and operating results
Thursday, 3 Nov 2016 05:30pm EDT 

Blackpearl Resources Inc : Blackpearl Resources Inc - Production averaged 10,951 barrels of oil equivalent (boe) per day in Q3 2016, a 46% increase compared to Q3 2015 volumes . Blackpearl Resources Inc - Oil and gas revenues in q3 2016 were $32.4 million, a 56% increase . Blackpearl Resources Inc - Anticipate average oil and gas production in 2016 to be approximately 10,000 boe/d . Estimated funds flow from operations for year is expected to be between $42 and $45 million . Blackpearl Resources Inc - Sees FY capital spending for year is now expected to be between $7 and $10 million . Blackpearl Resources Inc- Qtrly earnings per share $0.00 .Blackpearl announces third quarter 2016 financial and operating results.  Full Article

Blackpearl Resources posts Q2 loss per share $0.03
Tuesday, 9 Aug 2016 05:00pm EDT 

Blackpearl Resources Inc : Qtrly gross oil and gas revenue $28.3 million versus $30.7 million . Plans for remainder of 2016 are relatively unchanged from q1 2016 guidance update .Qtrly loss per share $0.03.  Full Article

BlackPearl Resources Inc gives FY 2016 production outlook
Monday, 7 Dec 2015 02:01am EST 

BlackPearl Resources Inc:Expect overall FY 2016 production to average between 10,000 and 10,500 barrels of oil per day.  Full Article

BlackPearl Resources Inc reaffirms FY 2015 production outlook
Tuesday, 4 Aug 2015 06:00pm EDT 

BlackPearl Resources Inc:Anticipates FY 2015 oil and gas production to average between 8,000 and 9,000 boe/d, unchanged from Q1 2015 guidance update.  Full Article

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BRIEF-Blackpearl Resources Q1 earnings per share $0.02

* Blackpearl announces first quarter 2017 financial and operating results