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Lightstream Resources Ltd. LSTMF

Energy Oil & Gas E&P
"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

Lightstream Resources Ltd.
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Comment by JohnDDon Feb 13, 2013 8:47pm
499 Views
Post# 20985173

RE: RE: RE: Peter Scott

RE: RE: RE: Peter Scott

I do hope they do not buy either Arcan or Triol this year. Lets strengthen the balance sheet before we go off making acquistions...

At the end of the interview, Peter made the following comment:

" executing quite nicely and and we'll show that growth"  that the market is looking for.

This is consistent with my view that the company will execute well and exceed expectations they have established for this year. In the near term, I believe the 1st quarter will be better than expected. With the $100 million that was accelerated into 2012 that should position the company for solid production numbers - plus the price of the oil has so far been $5 per bbl or higher than they projected for the year - $81/BBL.

John

 

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