Coasting in L might lower miles per charge partly through a resulting driver-level inefficiency as suggested by Wattsup, but I don't think Ford engineers were considering that. Coasting in L, unless on a steep downhill, is less energy efficient than coasting in D for the same reasons that coasting in D is less efficient than coasting in N. The sooner motor resistance stops you, the shorter the distance you travel while slowing, and the further you must travel while not slowing. Travel while not slowing uses energy. The increased amount of energy you "regain" while slowing hard will never exceed the amount of energy you used to get closer to your slowing point. If you were able to regain more than it took, you'd be driving a perpetual motion machine.
Say you're driving from point A at a steady 55mph, and you want to stop at point D. You could either coast in neutral from point B and roll to a gradual stop at point D, or you could continue driving a bit further and begin coasting in drive from point C, coming to a stop at the same end point. (Of course no one should be coasting to a stop from 55mph in neutral while driving on public roads, nor in D without also using brakes at least gently for that matter, but the illustration is useful.) To figure out where those points are, you need to know your deceleration. From my driving on a level road, I see it takes 6 seconds to slow down 5mph when coasting in drive, and takes 17 seconds to slow down 5mph when coasting in neutral. Starting at 55mph, coasting in drive will stop you in 66 seconds, and coasting in neutral will stop you in 187 seconds. With these numbers, I calculate traveling 1.42 miles before you stop while coasting in neutral, vs 0.5 miles while coasting in drive. Coasting in drive therefore requires you to continue driving at 55mph for 0.92 miles further than you would coasting in neutral, using 220Wh more than you would coasting in neutral. But coasting in drive regenerates electricity, right? Yes, but it's certainly less than 220Wh regenerated. I can't get a precise number for how many Wh are regained when slowing in D, but I'm pretty sure it's less than 100 based on the behavior of the car's kWh counter- I've never seen it decrease more than 0.1 while slowing from 55mph to a 100% regen stop.
The same relationship would hold comparing drive coasting to low coasting, but I haven't played with low coasting enough to do the calculation.