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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Bullboard Posts
Post by Swizzledon May 11, 2011 9:14am
528 Views
Post# 18558819

Conference Call Notes

Conference Call Notes
https://seekingalpha.com/article/269253-petrobakken-is-the-market-s-gloomy-view-justified

They have to get that inventory of 36 wells that are either simply waiting for completion, fully completed and waiting pressure build up or drilled but intentionally not fracked caught up.

Multiply 36 x the average first 6 months production from a Bakken or Cardium well and you can easily see where production can increase quickly.
Bullboard Posts