Pacific Rubiales reported 2Q15 production of 152,428 boe/d net after royalties and sales volumes of 143,225 boe/d. Actual results were within guidance ranges that were previously released on July 22, 2015. At that time, we reduced our production and sales volumes forecast. For 2Q15, funds flow from operations was reported at US$155 mm, which is 17% below our estimate of US$187 mm and 13% below the consensus estimate of US$178 mm.

14 Aug 2015
Pacific Rubiales Energy Reports Weaker Than Anticipated Cash Flow with 2Q15 Results

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Pacific Rubiales Energy Reports Weaker Than Anticipated Cash Flow with 2Q15 Results
Pensana Plc (PRE:LON) | 89.5 3.6 4.7% | Mkt Cap: 267.8m
- Published:
14 Aug 2015 -
Author:
Darren B. Engels -
Pages:
6 -
Pacific Rubiales reported 2Q15 production of 152,428 boe/d net after royalties and sales volumes of 143,225 boe/d. Actual results were within guidance ranges that were previously released on July 22, 2015. At that time, we reduced our production and sales volumes forecast. For 2Q15, funds flow from operations was reported at US$155 mm, which is 17% below our estimate of US$187 mm and 13% below the consensus estimate of US$178 mm.