Inactive Instrument

Toscana Energy Income Corporation

Equities

TEI

CA89148Y1016

Toscana Energy Income Corporation Announces Unaudited Consolidated Earnings and Operating Results for the Third Quarter and Nine Months Ended September 30, 2018

November 10, 2018 at 03:00 am IST

Toscana Energy Income Corporation announced unaudited consolidated earnings and operating results for the third quarter and nine months ended September 30, 2018. For the quarter, the company's petroleum and natural gas revenue, net of royalties was USD 3,802,446 compared with USD 3,906,220 a year ago. Funds flow used in operations was USD 766,563 compared with funds flow from operations of USD 589,528 a year ago.

For the nine months, the company's petroleum and natural gas revenue, net of royalties was USD 11,883,849 compared with USD 15,015,525 a year ago. Funds flow used in operations was USD 1,396,819 compared with funds flow from operations of USD 1,892,084 a year ago.

For the quarter, the company's average daily production was 1,462 boe/d compared with 2,197 boe/d a year ago. Netback was USD 594,483 or USD 4.42 per boe compared with USD 1,483,978 or USD 7.34 per boe share a year ago.

For the nine months, the company's average daily production was 1,618 boe/d compared with 2,222 boe/d a year ago. Netback was USD 2,338,854 or USD 5.29 per boe compared with USD 5,410,401 or USD 8.92 per boe share a year ago.

Latest news about Toscana Energy Income Corporation

I3 Energy Plc completed the acquisition of Toscana Energy Income Corporation.	30/20/30	CI
Toscana Energy Income Corporation Announces Earnings Results for the Second Quarter Ended June 30, 2020	23/20/23	CI
Toscana Energy Income Corporation Announces Unaudited Operating Results for the Second Quarter and Six Months Ended June 30, 2020	23/20/23	CI
Toscana Energy Income Corporation acquired Minor Pipeline Segment in Nevis, Alberta for CAD 0.003 million.	22/20/22	CI
Toscana Energy Income Corporation Reports Earnings Results for the First Quarter Ended March 31, 2020	27/20/27	CI
Toscana Energy Income Corporation Announces Unaudited Consolidated Production Results for the First Quarter Ended March 31, 2020	27/20/27	CI
I3 Energy Plc agreed to acquire Toscana Energy Income Corporation for CAD 3.8 million.	23/20/23	CI
Toscana Energy Income Corporation Reports Earnings Results for the Full Year Ended December 31, 2019	30/20/30	CI
Toscana Energy Income Corporation Announces Production Results for the Fourth Quarter and Year Ended December 31, 2019	30/20/30	CI
Toscana Energy Income Corporation Auditor Raises 'Going Concern' Doubt	30/20/30	CI
Toscana Energy Income Initiates Formal Strategic Alternatives Process	09/20/09	CI
Toscana Energy Income Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2019	09/19/09	CI
Toscana Energy Income Corporation Announces Unaudited Consolidated Production Results for the Third Quarter and Nine Months Ended September 30, 2019	09/19/09	CI
Toscana Energy Income Corporation Announces Resignation of Don Copeland as Chairman and a Member of the Board, Effective September 30, 2019	27/19/27	CI
Toscana Energy Income Corporation Announces Management Changes	28/19/28	CI
Toscana Energy Income Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2019	03/19/03	CI
Tranche Update on Toscana Energy Income Corporation's Equity Buyback Plan announced on May 22, 2018.	03/19/03	CI
Toscana Energy Income Corporation Renews Revolving Operating Credit Facility with Its Senior Lender at the Existing Level of $25 Million	30/19/30	CI
Toscana Energy Income Corporation's Equity Buyback announced on May 22, 2018, has expired with 108,684 shares, representing 1.54% for CAD 0.05 million.	23/19/23	CI
Toscana Energy Income Corporation Reports Earnings Results for the First Quarter Ended March 31, 2019	15/19/15	CI
Tranche Update on Toscana Energy Income Corporation's Equity Buyback Plan announced on May 22, 2018.	15/19/15	CI
Toscana Energy Income Corporation Announces Unaudited Consolidated Production Results for the First Quarter Ended March 31, 2019	15/19/15	CI
An undisclosed buyer completed the acquisition of non producing, non core assets from Toscana Energy Income Corporation for CAD 0.95 million.	31/19/31	CI
An undisclosed buyer entered into an agreement to acquire non producing, non core assets from Toscana Energy Income Corporation for CAD 0.9 million.	20/19/20	CI
Tranche Update on Toscana Energy Income Corporation's Equity Buyback Plan announced on May 22, 2018.	16/19/16	CI

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Company Profile

Toscana Energy Income Corporation, formerly Toscana Resource Corporation), is engaged in the acquisition, development and production of petroleum and natural gas reserves in Western Canada. The Company's oil and natural gas properties are located in Alberta and Saskatchewan where the Company has interests in oil and natural gas wells. The Company's facilities consist of wellsite facilities and gathering pipelines. Most of the Company's production is processed in third party facilities. The Company's properties are located in West Central Alberta, Southern Alberta, Tony Creek, Clair and Progress Doe Creek, among other areas. The Company's subsidiaries include Firenze Energy Ltd., Toscana Financial Income Trust, Toscana GP Corp, Toscana Business Trust, Toscana LP and Toscana International LP.

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