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Centaurus Energy Inc. Announces 2021 Second Quarter Financial Results and Operational Update
(All dollar figures are expressed in United States Dollars) Buenos Aires, Argentina--(Newsfil...
About this update from Centaurus Energy Inc.
[{"type":"text","content":"Centaurus Energy Inc. Announces 2021 Second Quarter Financial Results and Operational Update(All dollar figures are expressed in United States Dollars)Buenos Aires, Argentina--(Newsfile Corp. - August 13, 2021) - Centaurus Energy Inc. (TSXV: CTA) (OTCQB: CTARF) (\"Centaurus\" or the \"Company\") is pleased to announce its financial and operating results for the three months ended June 30, 2021.Centaurus' CEO David Tawil commented: \"With rebound in the price of oil and consistent cost consciousness throughout the Company, we are proud that the Company has been able to return to positive EBITDA and to achieve positive net income. Within a strong pricing environment, we will continue to optimize our portfolio of assets and we will be opportunistic in regard to strategic activities, in order to deliver increasing value to our shareholders.\"CONFERENCE CALL The Company will hold an investor conference call to discuss the Company's operating and financial results on Tuesday, August 17, 2021 at 8:00 a.m. MDT (10:00 a.m. EDT). Analysts and investors are invited to participate using the following dial-in numbers:Local Dial-in Number: (+1) 416 764 8688Toll Free Dial-in Number North America: (+1) 888 390 0546Toll Free Dial-in Number United Kingdom: 0800 652 2435Toll Free Dial-in Number Argentina: 0800 444 8221SUMMARY FINANCIAL AND OPERATIONAL RESULTS Selected information is outlined below and should be read in conjunction with Centaurus' unaudited condensed interim consolidated financial statements for the six months ended June 30, 2021 and the associated management's discussion and analysis (\"MD&A\"), which are available for review under the Company's profile at www.sedar.com and on the Company's website at www.ctaurus.com. The information has been prepared by management of Centaurus and is unaudited.Three months endedJune 3020212020Financial - ($000s, except per share amounts)Oil and gas revenue5,2814,860Funds flow from (used in) continuing operations(1)1.114(2.725)Per share - basic & diluted(1)--Net gain (loss) from continuing operations2,556(16,442)Per share - basic & diluted(1)0,00(0,03)Capital expenditures 8(130)Working capital (deficiency) (1)(35,680)(16,693)EBITDA1,401(1,809)Common shares outstanding - 000s544,060544,060Operating  Average Daily Sales  Crude oil and Ngls - Bbls/d1,0411,975Natural ga...