Erin Energy Corp. reported unaudited financial and operational results for the fourth quarter year ended December 31, 2017. The company reported average net daily production for 2017 was approximately 4,900 bopd compared to approximately 4,800 bopd for 2016.

For the fourth quarter 2017, net daily production was approximately 4,000 bopd compared with 5,800 for the comparative period in 2016. Net production volumes for the year were approximately 1.7 million net barrels of oil compared to approximately 1.8 million net barrels in 2016.

The company reported fourth quarter 2017 revenues were $21.7 million compared to $21.1 million for the same period in 2016.

The company reported full year 2017 revenues were $101.2 million, up approximately 30% from $77.8 million in 2016. The company reported a net loss of $151.9 million or a loss of $0.71 per share for full year 2017 compared with a net loss of $142.4 million or a loss of $0.67 per share for full year 2016.