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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

Comment by lessspikeon Aug 04, 2015 9:52am
155 Views
Post# 23986360

RE:RE:Debt problem solved

RE:RE:Debt problem solvedLong time shareholders won't come out of this well unless oil prices return to where they were when they bought their shares.   It is still a reality that this is a very difficult oil price environment and the long term outlook isn't good.   This company can do really well at $80 so in time, that might happen.

Nice to see oil up a buck today and nat gas up 6 cents though.   I would expect nat gas will benefit from Obama's new rules over emissions.  It will probably speed up coal fired power generation shut downs and replacements with gas fired plants.
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