BRIEF-Eagle Energy cuts full year 2016 operating cost guidance

Thu May 5, 2016 7:51pm EDT
 
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May 5 (Reuters) - Eagle Energy Inc

* Announces first quarter 2016 results

* Announces a reduction in our full year 2016 operating cost guidance

* About 45% of expected production hedged at an average WTI price of $52.00 per barrel of oil

* For 2017, have 750 barrels of oil per day hedged at $us 45.00 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)