Ikkuma announced its 2Q16 results that, despite ongoing volume curtailments and uneconomic natural gas shut-ins that resulted in production below our outlook, matched our expectations on a cash flow and capital spending basis. The Company has increased its 2016e capital guidance to $15-$17 mm (previously $10-15 mm) for the second time this year to allow for 2 (gross) additional natural gas recompletions over the back half of 2016e. In acknowledgement of a number of upcoming and potentially me

26 Aug 2016
Reports 2Q16 Results In Line, Lowered Credit Capacity, Operational Catalysts Anticipated by YearEnd

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Reports 2Q16 Results In Line, Lowered Credit Capacity, Operational Catalysts Anticipated by YearEnd
Ikkuma announced its 2Q16 results that, despite ongoing volume curtailments and uneconomic natural gas shut-ins that resulted in production below our outlook, matched our expectations on a cash flow and capital spending basis. The Company has increased its 2016e capital guidance to $15-$17 mm (previously $10-15 mm) for the second time this year to allow for 2 (gross) additional natural gas recompletions over the back half of 2016e. In acknowledgement of a number of upcoming and potentially me