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LRR Energy LP Details 1Q 2014 Financial Results

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May 5, 2014

On May 1, LRR Energy LP (NYSE: LRE) detailed its financial results for first-quarter 2014, which ended March 31.

Regarding liquidity, the company had $200 million in outstanding borrowings under its revolving credit facility and $50 million of outstanding borrowings under its term loan, the company said. Currently, it has $50 million in available borrowing capacity under the credit facility, LRR added.

Cash flow from operations, the credit facility capacity and the proceeds from its current at-the-market offering program will fund this year’s capital program and distributions, the company noted. ...

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