Jan 23 (Reuters) - Leucrotta Exploration Inc LXE.V :
* LEUCROTTA ANNOUNCES UPDATE ON OPERATIONS AND FINANCIAL POSITION
* LEUCROTTA EXPLORATION INC - ESTIMATES THAT IT WILL BE ABLE TO COMPLETE ITS CAPITAL PROGRAM WITH CASH FLOW AND CASH ON HAND
* LEUCROTTA EXPLORATION - EXPECTED AN UPTICK IN PRODUCTIONAT LOWER MONTNEY TURBIDITE LIQUIDS RICH GAS WELL IN 2017 VERSUS CURVE GIVEN NUMBER OF FRACS
* LEUCROTTA-MECHANICAL FAILURE LED TO A MATERIAL NUMBER OF FRACS BEING WHOLLY/PARTIALLY INEFFECTIVE AT LOWER MONTNEY TURBIDITE LIQUIDS RICH GAS WELL
* LEUCROTTA EXPLORATION INC - "IS HIGHLY ENCOURAGED" BY PERFORMANCE OF LOWER MONTNEY TURBIDITE LIQUIDS RICH GAS WELL GIVEN ISSUES ENCOUNTERED