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Long Run Explor Ltd Ord WFREF

Energy Oil & Gas E&P
"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

Long Run Explor Ltd Ord > Cost per barrel
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Comment by JohnJBondon Dec 05, 2014 2:25pm
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Post# 23200525

RE:RE:RE:Cost per barrel

RE:RE:RE:Cost per barrelFYI, please remember that as oil price per barrel declines, so does the royalty payment.

In Canada a $1 drop in oil price in US$ is reduced by the mitigating effect of the C$/US$ exchange rate AND the royalty payment.
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