Market Reaction: Neutral. The Company had already reported monthly production and summary financial results for 2Q16. We note that 2Q16 production was in line with 1Q16 production of 12,212 bbl/d despite being negatively affected by planned maintenance work continued from 1Q16.


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2Q16 RESULTS
Market Reaction: Neutral. The Company had already reported monthly production and summary financial results for 2Q16. We note that 2Q16 production was in line with 1Q16 production of 12,212 bbl/d despite being negatively affected by planned maintenance work continued from 1Q16.