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Long Run Explor Ltd Ord WFREF

"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

Post by qwqwon Jul 30, 2015 7:35pm
159 Views
Post# 23978046

Still trading for $26,000 per flowing boe

Still trading for $26,000 per flowing boeUsing current production of 31,500 boepd and lower debt levels,LRE still trades for $26,000
per flowing boe and $5 per boe of reserves.How many companies with over 5000 boepd
(40% liquids) have ever been takeover for less than these metrics.I can't name any that have.
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