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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 > what is lre value /share @ 80.00 oil ?????
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Comment by tvstockon Mar 06, 2015 12:00pm
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Post# 23497641

RE:what is lre value /share @ 80.00 oil ?????

RE:what is lre value /share @ 80.00 oil ?????More than that  in theory, due to the cost.

e.g. if a company's cost per barrel is 40, then as WTI goes from 50 to 80, the earnings will increase from 10 to 40 per barrel. 


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