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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 mskion Feb 26, 2012 8:56pm
314 Views
Post# 19588637

Next PBN catalyst Mar 6

Next PBN catalyst Mar 6

Company reports earnings on March 6 (just over a week), will be very interesting to hear about future drilling plans and what the decline rate is on existing wells.  I think it was on the last conference call one analyst spent some time with mgt asking about the decline rate and given there's a fair amount of wells that have been around for a while the decline rate is low and so these are pure cash flow cows for the company.  Looking foward to the conference call.  Best  regards, mski

Bullboard Posts