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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Bullboard Posts
Comment by ltrabson Feb 19, 2011 12:20pm
445 Views
Post# 18163970

RE: Shorts

RE: Shorts

I do think if the Cardium drill results look good they'll help us upside short term

Another shorts estimate I see , a bit higher, isat 5.188m at Bloomberg.

https://www.bloomberg.com/apps/quote?ticker=PBKEF:
Could be that if you include PBKEF:US, US traded, that accounts forthe increase.

The Cardium spud count is moving along nicely.
https://secure.rigscout.com/content/stats/drilling.aspx

17 wells in Jan., another 7 wells so far in Feb. Seems ontarget.

Loading up on Cardium wells shouldsignificantly raise our NET / barrel with their Royalty holliday on the first50k barrels.

Bullboard Posts