Grizzly Energy LLC Reports Unaudited Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2019; Reports Impairment of Oil and Natural Gas Properties for the Second Quarter Ended June 30, 2019
For the six months, the company reported net loss of $454,367,000 against $90,268,000 a year ago. Net loss attributable to the company, per share was $22.58 compared to $4.50 a year ago.
For the quarter, the company reported average production of 295,314 Mcfe per day compared to 363,088 Mcfe per day a year ago.
For the six months, the company reported production of 296,191 Mcfe per day compared to 365,315 Mcfe per day a year ago.
For the quarter, impairment of oil and natural gas properties was $323,188,000 against $7,552,000 a year ago.