Brief: Leucrotta Announces Update On Operations And Financial Position

Latin Explore

23/01/2018 11:00

Jan 23 (Reuters) - Leucrotta Exploration Inc  LXE.V : 
    * LEUCROTTA ANNOUNCES UPDATE ON OPERATIONS AND FINANCIAL 
POSITION 
    * LEUCROTTA EXPLORATION INC -  ESTIMATES THAT IT WILL BE 
ABLE TO 
COMPLETE ITS CAPITAL PROGRAM WITH CASH FLOW AND CASH ON HAND 
    * LEUCROTTA EXPLORATION -  EXPECTED AN UPTICK IN 
PRODUCTIONAT  
LOWER MONTNEY TURBIDITE LIQUIDS RICH GAS WELL IN 2017 VERSUS 
CURVE GIVEN NUMBER OF FRACS 
    * LEUCROTTA-MECHANICAL FAILURE LED TO A MATERIAL NUMBER OF 
FRACS 
BEING WHOLLY/PARTIALLY INEFFECTIVE AT LOWER MONTNEY TURBIDITE 
LIQUIDS RICH GAS WELL 
    * LEUCROTTA EXPLORATION INC -  "IS HIGHLY ENCOURAGED" BY 
PERFORMANCE OF LOWER MONTNEY TURBIDITE LIQUIDS RICH GAS WELL 
GIVEN ISSUES ENCOUNTERED 
 
Source text for Eikon:  ID:nGNXOMNRYa  
Further company coverage:  LXE.V  
 
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