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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 qwqwon May 17, 2015 11:28am
250 Views
Post# 23737208

RE:RE:RE:A Share Deal could be possible?

RE:RE:RE:A Share Deal could be possible?"5) LRE only disposed of $10 mil of non core assests during the quarter."
Only $2 mil was sold during Q1.

LRE also paid out $3.5 mil worth of dividends during Q1.

With only $55 mil of capex for the rest of 2015,their goal
of lowering debt by $100 mil would only require another
$30 mil of property sales.






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