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Long Run Explor Ltd Ord WFREF

"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

Comment by pppon Feb 16, 2015 9:02am
172 Views
Post# 23432982

RE:RE:RE: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:RE:RE:RE:LRE - Seeking AlphaTVstock,  You make a good point. On page 10 they have a graph and prices From the graph it looks like 40% of the oil is hedged 

 Average hedge price floor of US$93.44/Bbl for oil and $3.61/GJ for natural gas for 2015

But, like you say when they outline the hedges they don't add up.

So before I crunch any more numbers I will take birds advice and talk to the
company
 

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