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Long Run Explor Ltd Ord WFREF

Energy Oil & Gas E&P
"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

Long Run Explor Ltd Ord > sinoenergy is paying 20,000 per flowing barrel for lre
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Comment by johnathamiltonon Mar 09, 2016 5:46am
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Post# 24637556

RE:RE:sinoenergy is paying 20,000 per flowing barrel for lre

RE:RE:sinoenergy is paying 20,000 per flowing barrel for lre
Exactly - The issue is the cost per barrel. Flowing barrels from longer lasting traditional wells would be worth more than high cost enhanced extraction wells which experience faster decline.
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