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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 Reflecton Jun 01, 2015 5:50am
136 Views
Post# 23783385

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:qwqw calculation

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:qwqw calculation

This is from LEG for March 31. 2015.


ACCOMPLISHMENTS

  • Increased average production to 24,619 Boe per day in the first quarter of 2015 (17 percent increase) from 21,092 Boe per day in the first quarter of 2014
  • Reduced operating expenses by $1.67 per Boe (11 percent decrease) to $14.16 per Boe in the first quarter of 2015 over the same period last year and by $0.41 (3 percent decrease) quarter over quarter
  • Drilled 13 gross (10.9 net) oil wells in the first quarter of 2015, with a 100 percent success rate
  • Realized capital cost savings of approximately 5 percent on first quarter 2015 drilling activity

Read more at https://www.stockhouse.com/news/press-releases/2015/05/13/legacy-oil-gas-inc-announces-first-quarter-2015-results-and-renewal-of-credit#EgUgAI7B7uKRDJrp.99

The LEG takeover was a planned takeover months in the making by CPG & their cohorts.. At Renegade Thomas Budd did the backroom deal with Alexander & screwed us small investors severely. Thomas Budd now sits on the BoD of Spartan & there is no investigation.
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