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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. > HEY OILMAN53 ANYTHING CONSTRUCTIVE TO ADD ??
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Comment by oilman53on Jun 13, 2016 1:23pm
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Post# 24960819

RE:RE:RE:HEY OILMAN53 ANYTHING CONSTRUCTIVE TO ADD ??

RE:RE:RE:HEY OILMAN53 ANYTHING CONSTRUCTIVE TO ADD ??Accumap is useful as it gives you an almost instantaneous look at production.  LTS is currently producing 24,500 BOEPD, give or take a few hundreds...   Which makes sense as production is declining at around 2% per month.  The 26,350 BOEPD used by everyone here is the average production for Q1  (Jan to March)  we now are in June...  BTW the 26,350 represented a 7% decline from Q4 2015.    Million dollar question is, if they sell do they get 71K a BOE?  For a while on this board it sounded like they had already sold at that price!
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