Aug 5 (Reuters) - Lightstream Resources Ltd LTS.TO :
* Announces second quarter production of 31,966 boepd, funds flow from
operations of $67 million and guidance update
* Q2 adjusted loss per share C$0.26
* Q2 earnings per share view c$-0.17 -- Thomson Reuters I/B/E/S
* Says increasing the mid-point of our 2015 funds flow from operations guidance
by 19% to $185 million
* Says Q2 production averaged 31,966 boepd (72% light oil and liquids), a 9%
decrease from Q1 2015 production
* Says Q2 funds flow from operations was $67 million ($0.34 per basic share), a
29% increase from first quarter 2015
* Continue to expect to generate funds flow well above our capital spending in
2015
* Says "based on the mid-point of our guidance, we expect excess net cash of
$75 million to be applied to reduce our debt"
* Sees FY FFO per share $0.89 - $0.99
* Sees FY production 30,500 - 32,500 boe/d
* Sees FY exit production 26,500 - 28,500 boe/d
* Source text for Eikon ID:nCCN2gLlPW
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