*AFREN LOWERED 2015 CAPITAL EXPENDITURE TO $0.4B

*AFREN: AVE. NET PRODUCTION FOR YEAR 31,819 BOPD
*AFREN: AVE. NET PRODUCTION FOR '14 31,819 BOPD, DOWN 32%
*AFREN: LOWERED OUR FULL 2015 CAPITAL EXPENDITURE
*AFREN LOWERED 2015 CAPITAL EXPENDITURE TO $0.4B