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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.
Bullboard Posts
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(23)
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Comment by jdn55on Aug 22, 2014 9:47am
291 Views
Post# 22868511

RE:Any hope for divetiture?

RE:Any hope for divetiture?I'm hoping the divestitures didn't close because of summer holiday schedules etc. It's always tougher to get things done during July/Aug. My worry is though that the market for these assets has cooled quite a bit given the big hit the price of oil has taken in the last month and therefore LTS couldn't close or didn't want to close as they didn't get what they perceive to be an adequate offer.
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