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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 Alain1601on May 17, 2012 7:50am
244 Views
Post# 19919346

RE: Nuttall

RE: Nuttall

"...Well at least Nuttall didn't do his normal bashing of PBN on BNN last night. Although I don't agree with his decline rates, he said they were still above 40%?..."

Where does he takes this number from ? Petrobakken is saying decline rate were 35 % in 2011 and they expect 2012 decline rate to be 30%-35% (page 12 of the May 2012 presentation)

https://www.petrobakken.com/wp-content/uploads/2012/05/PBN-2012-05-03-CorpPres.pdf.

Is he still in 2010 ?

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