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Lightstream Resources Ltd. LSTMF

"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

Bullboard Posts
Post by chantal2468on May 22, 2015 2:50pm
236 Views
Post# 23755481

I wish decline rate was 20-25....BUT....

I wish decline rate was 20-25....BUT....when you take their guidance exit production of 26500-28500 from current production numbers it actually implies a decline rate of 24%-32%....that is quite a large range for them to give us...I think they expect it to be 27-28% .....but they give a large range in guidance just in case little Timmy falls down the well and they have to halt production
Bullboard Posts