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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 bosseon Apr 30, 2013 1:43pm
253 Views
Post# 21322349

Q1 Results

Q1 Results

 Does anybody knows when they are going to issue the Q1 results ?

Acquisition by Whitecap Resources of Viking asset for $110 Million give us an idea of the value of LRE asset in Saskatchewan.only.They are producing 4000 BOE/day ( 89% oil)and  68 oil wells are planned for that sector in 2013!!!

For example Whitecap is a $10 stock and will have over 140 Million share issued while LRE has 110 Million and   their Viking asset represent only 15 % of their totat production.

Difficult to understand why LRE is not following the Whitecap path!!!

 

 

 

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