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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 iwpeteon Dec 12, 2014 8:01pm
261 Views
Post# 23226457

This is interesting

This is interestingIf you're like me then a business is something that makes money. 
Well these shale plays are no longer a business.  If they have hedges they'd be better of capping their wells, laying everybody off, except for maintenance personel, and buying oil for delivery on the Chicago Mercantile Exchange.  And pay interest on debt with hedging profit. 
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