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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 > they spent 45 million on cap ex in q1
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Comment by tsoprano1on May 07, 2015 9:19am
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Post# 23703324

RE:RE:they spent 45 million on cap ex in q1

RE:RE:they spent 45 million on cap ex in q1
I think they had plans on a number of drills and completed those wells. Their plans take in to account an average of 32-33000 BOED and they are at 35000 now. My guess some wells will decrease without a corresponding drilling program to make up for it. Unless things change in price of oil to warrant some drilling. Very little spending in next q, imo. T
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