July 30 (Reuters) - Penn West Petroleum Ltd PWT.TO :
* Announces its financial and operational results for the second quarter ended
June 30, 2015 and provides updated 2015 guidance
* Qtrly FFO per share $0.16
* Qtrly loss per share $0.06
* Says production in the second quarter was within guidance and averaged 91,164
boe per day
* Says has reduced its Canadian crude oil pricing assumption for full year 2015
to C$60.00 per barrel
* Updating its funds flow from operations guidance range from $500 - $550
million to $350 - $400 million for 2015
* The decrease in funds flow from operations guidance is largely attributed to
lower benchmark oil and natural gas prices
* Capital budget reduced from $625 million to $575 million as result of a
deferral of certain projects and reduced cost estimates
* Updating its funds flow from operations guidance range from $500 - $550
million to $350 - $400 million for FY 2015
* Q2 earnings per share view c$-0.15 -- Thomson Reuters I/B/E/S
* Source text for Eikon ID:nPn7pscRS
* Further company coverage PWT.TO