Leucrotta reported its first quarter results that quickly became a non-event in light of a subsequent announcement that the Company had sold off a portion of its NE BC landholdings for cash proceeds of ~$80 mm. In terms of the first quarter results, there were no surprises as results were consistent with our forecast on a production, cash flow and capital expenditure basis.
29 May 2015
Leucrotta Exploration Announces Disposition of NE BC Montney Acreage, Outlines Accelerated Montney Exploration and Delineation Program, Reports 1Q15 Results
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Leucrotta Exploration Announces Disposition of NE BC Montney Acreage, Outlines Accelerated Montney Exploration and Delineation Program, Reports 1Q15 Results
- Published:
29 May 2015 -
Author:
Michael Hearn -
Pages:
11
Leucrotta reported its first quarter results that quickly became a non-event in light of a subsequent announcement that the Company had sold off a portion of its NE BC landholdings for cash proceeds of ~$80 mm. In terms of the first quarter results, there were no surprises as results were consistent with our forecast on a production, cash flow and capital expenditure basis.