11:47 AM EST - Long Run Exploration Ltd. : reported financial results for the quarter ended June 30, 2013. Net earnings came in at $21.1 million during the quarter, compared to $17.5 million in the same quarter last year. The company generated funds flow from operations of $63.2 million ($0.50 per share) compared to $48.6 million ($0.39 per share) in the first quarter of 2013. This increase was due to increased production and stronger commodity pricing, including much narrower pricing differentials throughout the second quarter. Funds flow from operations increased by almost 22% per share in the second quarter of 2013 over the same period last year. Long Run Exploration Ltd.
shares T.LRE are trading up $0.16 at $4.19.
