GREY:WFREF - Post by User
Post by
bosseon Sep 13, 2013 8:31pm
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Post# 21739855
Aquisition/Disposal
Aquisition/Disposal
Good news for Long Run Shareholders!!
Disposal of heavy oil producing property and acquiring 1500 barils of light oil producing property from a private company.
Bottom line :Better production output and the blend oil/gas will be higher!!
Ball park figure: 55% oil 45% gas.Probably better cash net back and cashflow.