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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 emmitton Feb 15, 2015 1:54pm
101 Views
Post# 23431887

RE:RE:Covenants

RE:RE:Covenants It's not the end of the world but this is deffinitely different then 2008.For one It doesn't seem like there will be an OPEC cut this time. Rig count dropped below 200 last time, we are still at over 1000...etc. Many differences and many concerns. I don't see a V shaped price recovery this time.
I am long LRE and do think the company will be fine.
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