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Company News

BRIEF-Razor Energy forecasts 2017 FFO of $9.5 mln

May 25 (Reuters) - Razor Energy Corp

* Razor Energy Corp. announces closing of previously announced strategic light oil asset acquisition and updated 2017 corporate budget and guidance

* Razor Energy Corp - for fiscal 2017, capital expenditure budget of $13.0 million, which was approved by board prior to acquisition, remains unchanged

* Razor Energy Corp sees 2017 oil equivalent average daily production 3,850 boe/d

* Razor Energy Corp sees 2017 FFO $9.5 million

* Sees 2017 natural gas average daily production 3,319 mcf/d Source text for Eikon: Further company coverage:

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