Eclipse Resources (ECR) Misses Q2 EPS by 25c

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Eclipse Resources Corporation Announces Second Quarter 2016 Results and Provides Operational Update and Amended Guidance

August 2, 2016 4:35 PM EDT

STATE COLLEGE, Pa.--(BUSINESS WIRE)-- Eclipse Resources Corporation (NYSE: ECR) (the Company or Eclipse Resources) today announced its second quarter 2016 financial results and provided an operational update and amended guidance.

Second Quarter 2016 Highlights:

Net loss for the second quarter of 2016 was $73.0 million; Adjusted EBITDAX1 for the second quarter of 2016 was $17.1 million. The Companys production sales volumes for the quarter were 212.1 MMcfe per day, exceeding the Companys guidance by 6%. During the quarter the Company recognized an upward revision to production sales... More

Cartier Samples 21.3 g/t Au Over 5.0 m On Wilson

August 2, 2016 8:09 AM EDT

VAL-D'OR, QUEBEC -- (Marketwired) -- 08/02/16 -- Cartier Resources Inc. (TSX VENTURE: ECR) ("Cartier") is pleased to announce its first results on the Wilson property, situated 15 km east of Lebel-sur-Quevillon. Channel sampling has confirmed high grade values on the Toussaint deposit as shown by the results in the following table:

---------------------------------------------------------------------------- Sample Grade Au (g/t) Length (m)(i) Weighted Average ============================================================================ 35552 6.1 1.0 9.3 g/t Au sur 3.0 m ----------------------------------------------------- 35553 19.3 1.0 ----------------------------------------------------- 35554 2.6 1.0 ---------------------------------------------------------------------------- 35559... More