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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 > cdn household debt 1.6 dollars debt for every 1.00 income??
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Comment by speckyon Mar 14, 2015 9:15am
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Post# 23520849

RE:RE:RE:cdn household debt 1.6 dollars debt for every 1.00 income??

RE:RE:RE:cdn household debt 1.6 dollars debt for every 1.00 income??I spoke with IR yesterday...and the world is not ending any time soon...confident that the company will stick to the plan of debt reduction 100 million and are still making money.anyone happen to know what the avg all in cost is to produce oil from existing wells?company can bring cost down even further by shutting in higher cost... When need be and bringing on lower cost wells to replace higher cost shut ins...could lre weather the storm through 2015...yes....good banking relationship... Yes.. IMO the shorts will be covering soon.. No real reason to be punished as much as they have..imagine what a positive surprise...or takeover would do for the 10 million plus shorts... Lots of sellers... How low will this go... It will turn :)
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