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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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Comment by PeterWrighton Feb 05, 2016 3:23pm
231 Views
Post# 24529777

RE:RE:Some junior oils will survive

RE:RE:Some junior oils will survivekstanoje The current oil glut is not a demand issue but a supply issue. Even if oil prices increase by 50% by year end and we close the year at $45 WTI, if won't be enough for LTS. Tough decisions ahead for Mr Wright. At this point I would be happy to just see oil stay in the 30's but we'll probably head back into the 20's next week.
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