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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

Comment by qwqwon Dec 13, 2014 9:55pm
302 Views
Post# 23228202

RE:bang for the buck

RE:bang for the buckIf one deducts land value, LRE's P/flowing is only $21,000 and reserves are $4 ?????????
Has anyone ever found a large company (half oil) that had lower numbers?Please post.
Does LRE deserve the distinction of being one of the cheapest O&G companies ever?
Even when oil was $20 bbl, companies were trading higher than LRE.
At the moment the next lowest numbers are from TBE $27,000 and $9
and BNP $31,000 and $6.
 
   
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