Aug 5 (Reuters) - Strad Energy Services Ltd SDY.TO :
* Announces second quarter results and declares quarterly dividend
* Says second quarter revenue of $29.9 million decreased 44%
* Qtrly FFO per share $0.11
* Low commodity prices have produced a marked decline in industry drilling rig
activity across most basins in North America
* Says lower activity levels continue to be reflected in rig counts with
year-over-year declines in Q2 2015
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