Brief: Journey Energy Q2 FFO $0.19 per share

Journey Energy

10/08/2017 03:43

Aug 10 (Reuters) - Journey Energy Inc  JOY.TO  
    * 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 
 
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