Neptune Energy sees lower, but positive cash flow for full year
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LONDON (Reuters) - Private equity backed gas and oil producer Neptune Energy expects to have positive free cash flow this year, it said on Wednesday, but flagged its near-term flow would be lower than the $355 million (288.24 million pounds) it made in the first quarter.Neptune, owned by Carlyle and CVC Capital Partners and a potential stock exchange listing candidate, increased its reserve-based lending facility to $2.6 billion, giving it liquidity of $1.7 billion.It expects its net debt to..