Lightstream Resources Ltd. LSTMF

penn west metrics

[orlandofl]

more positive news for LTS if they can transact a deal - assets are showing a higher valuation like people say based on PWE numbers - PWE should run up Monday - I think LTS could get a few cents - tempted to buy back in here and also pick up some PWE

[Chief1]

  Thinks for the great info Orlando   I'll be backing up the truck on this one first thing Monday morning. 

[number1hit]

This post has been removed in accordance with Community Policy

[DocMailloux]

Yes pwe should be fun  on Monday and more PWE will be worth 8-12$ down the road , This is bullish for LTS these metrics value this company at 2 billion around 2. 40$  a share im using even metric but we all know Light oil is usually priced higher the medium and heavy grade like the Viking assets valued at 71400 $ ...  

[oilman53]

You know the Viking oil is light, right?  (35 API, if you savy)

[DocMailloux]

Yes  " The Saskatchewan assets are split approximately evenly between medium and heavy oil properties in the West and the Dodsland light-oil properties in the East. ""  i wonder how much is light oil in that 13 500 barrel of production sold , even better as LTS is only higher priced light oil !!! Worth even more then 71 400$ per barrel ! 

[DocMailloux]

I know what 71400$ X 26350 boe is .... Do you ??

[PeterWright]

Those numbers are way too simplistic. Factor in the natural gas production for LTS when doing your calculations. The 40% of LTS production is now natural gas which might bring in 30K per BOE...you really have to dive into the netbacks and production to come up with an accurate number.

[DocMailloux]

Lol BOE/d lol that's barrels of oil equivalent per day , what you think PWE 13500 BOE are 100% oil lmao common try harder basher ....

[DocMailloux]

With those metrics adjusted higher to take into account total light oil production and undeveloped land the Bakken could fetch nearly 1 billion ... This would leave LTS with a debt of 500 million and  18500 boe/d production split between cardium and swan hill , with potential to grow it back to 25 000 low debt  this company would be worth 2.90 - 3.50$ a share . 

[Roughrider27]

You're clearly right and the market which priced This  is wrong oh holy one , we bow down to the great who's always right and everyone else's opinion never matter

[DocMailloux]

Thank you ! we know the market is pricing this for BK and its alright , Penn West was priced wring before the Asset sale , what wh have now is a case were we can start comparing Asset value based on Metrics which are pretty bullish considering what LTS as !