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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

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Post by kmappon Mar 06, 2014 1:54pm
277 Views
Post# 22290236

RE:2014 Revised Guidance Funds Flow up 7%

RE:2014 Revised Guidance Funds Flow up 7%

Try again, posting 2014 Guidance below:


  REVISED GUIDANCE ORIGINAL GUIDANCE Average Production (boe/d) 43,500 - 45,500 45,000 - 47,000 Exit Production (boe/d) 45,000 - 47,000 46,000 - 48,000 Oil and Liquids Weighting unchanged 80% Funds Flow(1) Funds Flow from Operations ('000) $635,000 - $665,000 $595,000 - $620,000 Funds Flow per share(2) $3.19 - $3.34 $2.99 - $3.12 Dividends per share unchanged $0.48 Capital Expenditures(3) Drill, Complete, Equip and Tie- in ('000) unchanged $350,000 - $370,000 Facilities, Workovers and Optimizations ('000) unchanged $120,000 - $140,000 Land, Seismic and Other ('000) unchanged $55,000 - $65,000 Total Capital Expenditures ('000) unchanged $525,000 - $575,000 (1) Commodity price assumptions include WTI US$95.00/bbl, AECO CDN$4.00/Mcf, foreign exchange rate of US$/CDN$ 0.90, and corporate oil differential of 10%. (2) Funds flow per share calculation based on 199 million shares outstanding for 2014. (3) Projected capital expenditures exclude acquisitions, which are evaluated separately.

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