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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 Reflecton Nov 29, 2015 11:41am
168 Views
Post# 24336192

RE: off 10 percent of debt in 9 months

RE: off 10 percent of debt in 9 months
"...At September 30, 2015, Long Run's net debt was $678.8 million and we were in compliance with all covenants, obligations and conditions of our credit agreement. Over the first nine months of 2015, Long Run has reduced net debt by $60.8 million as a result of disposition proceeds and funds flow from operations exceeding our controlled capital expenditures..."

Read more at https://www.stockhouse.com/news/press-releases/2015/11/16/long-run-exploration-ltd-announces-2015-third-quarter-results#SkMdmhrKAJR2BWv2.99
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