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BRIEF-Long Run Exploration Q2 FFO per shr $0.26

Published 2015-07-29, 08:54 p/m
BRIEF-Long Run Exploration Q2 FFO per shr $0.26
WFREF
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July 29 (Reuters) - Long Run Exploration Ltd LRE.TO :
* Announces 2015 second quarter results
* Q2 loss per share $0.26
* Says averaged 34,457 boe/d of production in Q2, an increase of 6,855 boe/d
from 27,602 boe/d in 2014
* Says Q2 FFO per share $0.24
* For 2015, co is targeting $100 million of debt reduction through disposition
proceeds and FFO in excess of annual capital spending
* Says Q2 revenues, before royalties $93.4 million
* We continue to expect annual FFO of between $120 - $135 million to exceed our
planned capital spending of $100 million"
* Source text for Eikon ID:nCNWSWq1la
*

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