Company News

BRIEF-Kelt Exploration posts qtrly adjusted FFO per share c$0.14

Aug 9 (Reuters) - Kelt Exploration Ltd

* Kelt reports financial and operating results for the three and six months ended June 30, 2017

* Quarterly adjusted FFO per share c$0.14

* Quarterly revenue c$60.1 million

* Kelt Exploration Ltd - board of directors has agreed to increase 2017 capital expenditure budget by a net $10.0 million

* Kelt Exploration Ltd qtrly combined average daily production 20,684 boe/d versus 20,208 boe/d

* Kelt Exploration Ltd - total exploration and development capital expenditures planned for 2017 are $191.0 million versus previously $173.0 million

* Kelt Exploration Ltd qtrly production per million common shares 118 boe/d versus 116 boe/d

* Kelt Exploration Ltd - average production during Q2 of 2017 was below original estimates as third party outages and downtime exceeded expectations Source text for Eikon: Further company coverage: