GREY:LSTMF - Post by User
Post by
kmappon Mar 06, 2014 1:54pm
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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.