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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 tvstock2on Feb 11, 2015 7:54pm
154 Views
Post# 23420242

RE:RE:major shareholders

RE:RE:major shareholdersAre you disappointed by the crude inventory report? I must say I am. Domestic Productioin is up despite of the rapid drop in rig counts. The bright spot is Alaska productioin drops quickly(-7.3% from last year), a typical reaction for non-shale crude productioin.  The rest of world which are non-shale should react similarily.

Gasoline stock also disappoints. Demand response seems not great, though it can be weather-related.  The only bright spot seems to be the statement
"Finished gasoline inventories decreased while blending components inventories increased last week."

Your opinions?


****



Regarding Templeton, last month they increase their holding in TBE to 19.55%+. Recently we all see how TBE shoots up. Yesterday it is 50% from the lows.

https://sedar.com/GetFile.do?lang=EN&docClass=13&issuerNo=00001562&fileName=/csfsprod/data150/filings/02298821/00000001/g%3A%5CSedar%5CFranklin-Templeton%5C2015%5CDecember-14%5CAMR-Twin-Butte-Energy-12-31-2014.pdf


Hope LRE can follow.  Cheers.





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