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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 9:32am
145 Views
Post# 23783874

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

RE:RE:RE:RE:RE:RE:RE:qwqw calculation
I guess CPG  just gets 2,619 BOE/d for nothing. It's a freebee. The deal just got signed & hasn't been approved but wait, what does it matter. CPG says the deal based on Dec. 2014 figures & that is what it is. LRE is sure seeking the best deal; the best deal for CPG & not the small shareholders. Nice BackRoom Deal.

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
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#goZKFq20rUMq1KGm.99


The Transaction implies a value of approximately $1.53 billion for Legacy after taking into account the assumption of Legacy's net debt, the payment of transaction costs and the post-closing payout of Legacy's senior unsecured notes. The Company's current production is approximately 22,000 Boe per day and independently evaluated proven plus probable reserves as of December 31, 2014 were 154.1 MMBoe. 

Read more at https://www.stockhouse.com/news/press-releases/2015/05/26/legacy-oil-gas-inc-announces-business-combination-with-crescent-point-energy#DQC4HByzBePmUho3.99

 

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