August 10, 2017 / 10:00 AM / a month ago

BRIEF-Journey Energy Q2 FFO $0.19 per share

Aug 10 (Reuters) - Journey Energy Inc

* Journey Energy Inc reports its second quarter 2017 financial results

* Production of 10,194 BOE/D in Q2, an 18 percent increase from Q2 of 2016

* Quarterly funds flow from operations per diluted share $0.19

* Reduced its realized oil and natural gas price outlook slightly for remainder of 2017

* Quarterly production revenue $29.6 million versus $20.5 million

* Forecasts increasing production levels culminating in an exit rate of between 11,000 and 11,300 BOE/D for 2017

* Sees funds flow per basic share for 2017 in range of $0.75 - $0.81 share Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below