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Lightstream Resources Ltd. LSTMF

Energy Oil & Gas E&P
"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Lightstream Resources Ltd.
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Post by chantal2468on May 08, 2015 6:47pm
167 Views
Post# 23710375

doc...is I it read reasonable to say bakken will sell

doc...is I it read reasonable to say bakken will sellfor same price as enterprise value of entire company? market cap 300m + 1.7b debt =2.0 b canadian....you suggest bakken sale for $1.9 billion canadian? (1.6b USD)...recent sales other companies are $20 per boe...you think we are going to get $30 per boe?...it is nice to be optimistic about a company we all own ....but is it helpful to just through around random numbers because they sound good?
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