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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 Oct 13, 2014 11:14am
174 Views
Post# 23023546

RE:RE:RE:Range

RE:RE:RE:RangeI'm not geting anything about LTS from Andreew's blurb on BNN,  .... 

First off we have to consider we're now 78% oil,  with 2015 at about 30,000  - 31,000 bod of Oil.  

Second, we don't have much in the way of hedging ...  
Most Canadian oil companies  collars are between $100 high .... $90 low , and most have Swaps and Puts in the $90 - $95 range.  Netting out between $90 - $95.   

We have   25% of our oil hedged with collars between $80 - $100 





Bullboard Posts