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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

Post by TheRock07on Nov 18, 2015 8:21am
145 Views
Post# 24299977

Q3 was Solid

Q3 was SolidIt was a very solid quarter, given  energy prices.

Most forget that LRE is a gas weighted producer ( 70 % natty gas and natty gas liquids ) that is not as levered to oil prices as most junior producers.

Yet it has been lumped in with 90 % oil producers.

Looking forward, they have increased their guidance.

Simply superb.
Onwards and upwards for those astute investors who see value where others see nothing.
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