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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 cgiffinon Jul 22, 2015 10:08pm
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Post# 23951194

LTS price for oil

LTS price for oilSince it is my understanding we don't even receive WTI price for the oil we sell, why do they use that in our guidance and why is it relevant other than being US benchmark? Like by my calculations we receive around $59 for our oil as of today....so do their WTI calculations such as the ones on the monthly presentations already take this and US/Canadian conversion rate into the equation? 
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