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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 Oct 06, 2013 11:18am
151 Views
Post# 21794597

RE:RE:RE:RE:RE:Operational update coming soon...

RE:RE:RE:RE:RE:Operational update coming soon...When2buy, As we know LTS produced 47.5k/d in the 1st half of 2013. Based on my numbers, LTS would need to produce a min of 44.5k/d during the SECOND half of 2013 in order to meet their minimum guidance of 46k/d - guidance of 46-48k/d. That is (47.5 + 44.5)/2 = 46. In order to determine the min amount for the 3Q2013, you would need to make an assumption for the average production in the 4Q. John
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