Tuscany Energy Ltd. Provides Earnings and Operating Guidance for the Third Quarter and Nine Months Ended September 30, 2015
For the nine months, the company expects production of 816 BOEd.
For the third quarter, the company expects oil and gas revenue of $2,337,000, cash flow from operations of $265,000 or $0.01 diluted per share and net debt of $7,213,000.
For the nine months, the company expects oil and gas revenue of $8,363,000, cash flow from operations of $1,876,000 or $0.04 diluted per share and net debt of $7,213,000.