BRIEF-ARC Resources Ltd Q2 FFO per share C$0.40

Thu Jul 28, 2016 5:53pm EDT
 
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July 29 (Reuters) - Arc Resources Ltd

* Full-Year 2016 annual average production is expected to be in range of 118,000 to 122,000 boe per day

* ARC Resources Ltd. Announces strong second quarter results and strategic cardium acquisition

* Q2 FFO per share C$0.40

* Sees full-year 2016 per boe operating expenses have been lowered to a range of $6.90 to $7.20 per boe

* ARC's 2016 full-year guidance has been revised to incorporate increased 2016 capital spending of approximately $450 million Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780')