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Long Run Explor Ltd Ord WFREF

Energy Oil & Gas E&P
"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Long Run Explor Ltd Ord > LRE - Seeking Alpha
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Comment by Sumcan2on Feb 15, 2015 11:55am
86 Views
Post# 23431680

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:LRE - Seeking Alpha

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:LRE - Seeking Alphappp, $842,000 / day is too optimistic. $22/b expenses should calculated (I believe) on all boe The worry that I have is that they could be in non-compliance of their covenants if prices stay low for an extended period of time. Even though they will still be cash flow positive what are the consequences of non compliance. In the covenants their interest rate is tied to the Debt/EBITDA
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Dealroom for high-potential pre-IPO opportunities