Aug 29 (Reuters) - Marquee Energy Ltd MQL.V
* Marquee energy ltd. announces second quarter 2016 operating and financial results
* Reduced quarterly production and operating costs by 34% to $4.4 million
* Realized qtrly average production volumes of 3,806 boe/d, representing a decrease of 26% from q2 of 2015
* Qtrly loss per share $0.01
* Company currently expects to spend between $3.5 and $5.0 million on capital costs in 2016
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